Monday, January 27, 2014

Trade Idea: AUD/USD - Sell at 0.8790

As aussie has recovered after falling to 0.8660 late last week, minor consolidation above this level would be seen and correction to 0.8790-00 cannot be ruled out, however renewed selling interest should emerge there and bring another decline later, break of said support would extend recent decline in wave (v)



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