The "Appearance" Agenda

dax didnt look too happy with it's new highs until the usa started to show some life.

main focus for me is currencies, watching to see if the us$ crosses will retrace to their breakout points for potentially low risk short dollar type trades.

audusd which i posted about on xmas eve, the breakout ran about 150pts upwards from the 7685 number i highlighted. a retrace to this level looks like a low risk long. it's the level of the breakout which offered very good resistance for quite a while, so it should be just as good as support. also an uptrend line from the 10th dec low hits this point around the time it will take for the retrace to get there.