Wednesday, October 1, 2014

Trade Idea: AUD/USD - Sell at 0.8830

Despite intra-day fall to 0.8663, as the Australian dollar has recovered after holding above previous support at 0.8660, suggesting minor consolidation would be seen and recovery to 0.8765-70 cannot be ruled out, however, reckon upside would be limited to 0.8830-40 and bring another decline later, below said support



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