Sunday, July 27, 2008

Small gap on the AUD/NZD...

...looks to be about 25 pips.  I will be watching it.  FXStreet charting shows the price level down to  1.285 but my broker is still showing 1.287 so I'll hang to the sidelines for now.  It seems to be coming to short term support @ the 1.285 level and getting some bounce.  Close price is 1.287

***Correction, there was no real gap down upon further inspection.  There was a small gap upwards but this was quickly closed with a strong move downwards which appeared to represent a false larger gap.***

Slow Sunday for gaps, oh well.

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