Last updated: Friday, February 26, 2010
AUDUSD has produced an Evening Doji Star bearish reversal candlestick pattern that has also offered a daily close below the lower boundary of a support-turned-resistance price congestion region at 0.8937. I will enter short from here, initially targeting a return to February’s swing low at 0.8574. A stop-loss will be activated on a daily close above 0.9043.