Trade Update for EUR/AUD

This pair is still working for us, I have changed the stop loss to break even. If it is a triangle breakout that has developed we can take advantage of a significant fall, so I have also changed the target.  The changes are in bold.

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CIS* Alert Service UPDATE (C019AS)

Date:  Thursday, August 12, 2010

Action:   Sell 1 unit EUR/AUD at current price (1.4375)

Stop Loss:  1.445 *Changed to 1.4375, break even*

Take Profit:   1.42  *Changed to 1.3725*

CIS* Complimentary Investment Strategy
:mw

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From the Desk of
Aaron Reid
Forex Strategist