Forecast AUD USD (AUD/USD) exchange rate for 11/01/2011
Technical indicators generate a pretty decent quality sell signal
Entrance just below 1.0550
Target #1 just above 1.0450
Target #2 just above 1.0300
Can bounce from 1.0500
Trailing does not seem to be helpful, need to move the stop if the first target reached
Watch for MACD crossovers on the hourly chart = stop
Always use protective stops