Friday, October 11, 2013

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

Despite yesterday's retreat to 0.9390, as aussie found renewed buying interest there and has rebounded again, retaining our bullishness for recent rise to resume after sideways trading, above resistance at 0.8485 (this week's high) would add credence to our view that the fall from 0.9524 has ended at 0.9280 last



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