May 23, 2007
AUD/USD
On October 20, we recommended a buy position at 0.7578 with a stop at 0.7282 when price closed higher after testing and retesting the support (the small blue dots below the bars.) eASCTrend uses colors to indicate market directions; blue for buy and red for sell. The color of the bars would be all green without using eASCTrend. Currently the price moved up, we suggest that you move your stop up to 0.7964. eASCTrend provides timely dynamic stop and exit points. We will keep you informed.
