Wednesday, October 2, 2013

Trade Idea: AUD/USD - Hold long entered at 0.9370

Failure to extend yesterday's rebound and the subsequent retreat from 0.9435 suggest caution on our long position entered at 0.9370 and 0.9310-20 needs to hold to retain prospect of another rebound, above 0.9405-10 would bring test of said resistance at 0.9435 but break there is needed to add credence to



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