Wednesday, April 30, 2014

Trade Idea: AUD/USD - Buy at 0.9215

Although aussie has rebounded again after finding support at 0.9228 yesterday and consolidation above this level is in store, reckon resistance at 0.9317 (Monday's high) would limit upside and near term downside risk remains for the fall from 0.9461 temporary top to bring retracement of recent rise in wave iv



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