Comments on: AUD/USD technicals: Looking very indecisive on the 2-hour chart https://fxww.com/audusd-technicals-looking-very-indecisive-on-the-2-hour-chart/ The Professional Source Wed, 26 Jun 2013 04:37:34 +0000 hourly 1 By: Sean Lee https://fxww.com/audusd-technicals-looking-very-indecisive-on-the-2-hour-chart/#comment-23943 Wed, 26 Jun 2013 04:37:34 +0000 http://381c099c8f.nxcli.net/?p=8913#comment-23943 Thanks Susanna, if my gut feel and my technical analysis don’t agree, I usually leave it alone as I get conflicted and don’t really commit to the trade

]]> By: SFellner https://fxww.com/audusd-technicals-looking-very-indecisive-on-the-2-hour-chart/#comment-23939 Wed, 26 Jun 2013 04:31:23 +0000 http://381c099c8f.nxcli.net/?p=8913#comment-23939 Thanks Sean, you’re right. It’s of course not that I like to sell it, I actually agree with you that a bottom should be found soon, but as we saw it, it just couldn’t go past the next hurdle so it might end up searching for stronger bids lower.

]]> By: Sean Lee https://fxww.com/audusd-technicals-looking-very-indecisive-on-the-2-hour-chart/#comment-23936 Wed, 26 Jun 2013 03:42:57 +0000 http://381c099c8f.nxcli.net/?p=8913#comment-23936 if you like selling AUD, the Asian session has been the best time to do it recently

]]> By: SFellner https://fxww.com/audusd-technicals-looking-very-indecisive-on-the-2-hour-chart/#comment-23935 Wed, 26 Jun 2013 03:16:07 +0000 http://381c099c8f.nxcli.net/?p=8913#comment-23935 And now it looks like it closed the hour under the triangle. That could put 0.9185 in focus again.

Also, there could be a head and shoulders pattern forming on the 4H USD/JPY chart.

]]> By: SFellner https://fxww.com/audusd-technicals-looking-very-indecisive-on-the-2-hour-chart/#comment-23933 Wed, 26 Jun 2013 02:43:58 +0000 http://381c099c8f.nxcli.net/?p=8913#comment-23933 There’s actually a triangle on the hourly chart. I went short at 0.9240 when it looked like it broke down, then it went quickly to the other boundary, now it’s near the base again, it’s quite tiring really after the last two days of whipsawing.

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