Thursday, April 30, 2009

AUD-USD post analysis

Remember in the beginning of April i was analyzing that AUD-USD will at least form 2 pieces of white candlestick on the major correction. And this analysis was valid throughout all the month of April. Now you can see the result yourself.

Previous Analysis: AUD-USD Technical Analysis (31 March 2009)
Here is the previous candlestick chart in the beginning of April 1, 2009

aud-usd technical analysisBelow is the new chart with another white candlestick formation at the end of April 29, 2009.

aud-usd candlestick chart
Now you can think about how effective is this system, at least showing some accuracy over a month time.

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