By Mike Ber

After wild trading on the forex market last night we`re seeing signs that a short term bottom in AUDCHF and AUDUSD are in place. These pairs have been brutally sold over the last few months and both have had a successful retest over the last 6 trading sessions and both have risen above short term resistance levels. We`ve successfully traded these inside our service these past few days and momentum is definitely pro-AUD right now. Until this changes our bias will be to get long these on pull backs and sell into mini rallies. Before we can say any long term bottom is in these pairs have a lot of work to do, but for now they are great trading vehicles.

Aud.Chf

 

Aud.Usd

 

Contact Mike Ber at info@forexalerts.ca to learn more about his service. Here are his trading results since inception over 7 months ago and he has not had a down month yet. Mike is a personal friend of mine in Vancouver and I can vouch for his integrity and trade performance.

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