DAILY 18-5-2013
DAILY CHART :
The downtrend channel has been brooked at 1.2013 there is a consolidation at this level , a positive diversion also is noticed , which make me believe of coming uptrend , intersection of MCAD + the positive diversion , make me believe of coming uptrend in the coming trading days .
Stop loss : Below 1.1980 points .
1st target : 1.2126 points .
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvPCZZET7reFC3gGxOroI3H0c1lootB7qMBIEMevpghB_unTOzFe_ygS5YiYhk3mrDk2sTVqPUPhy8E-btUZvtw6pd3_sKcoMty67a_vpoOkYxPpOLLxTknxta4giKBDbDXhELKG9vnds/s1600/AUD-NZD.png)
The downtrend channel has been brooked at 1.2013 there is a consolidation at this level , a positive diversion also is noticed , which make me believe of coming uptrend , intersection of MCAD + the positive diversion , make me believe of coming uptrend in the coming trading days .
Stop loss : Below 1.1980 points .
1st target : 1.2126 points .
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