AUDUSD violating uptrend channel on 30 minute chart

A picture in this example is worth a thousand words. You can see the channeling that the AUD has done for the month of June on a 30-min bar chart. I normally do not post charts at this time interval but I felt it was worthwhile to do in this instance.

Stop loss suggestion 0.9990

Target suggestion 0.9860

Regards,

Tim 3:15PM EST, Jun 13, 2012 Wednesday

timwest

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