Tuesday, December 2, 2014

Trade Idea: AUD/USD - Stand aside

Despite yesterday's anticipated fall to 0.8417, the subsequent rebound suggests consolidation above this level would be seen and recovery to 0.8550 cannot be ruled out, however, only break of resistance at 0.8615 would suggest a temporary low has possibly been formed there, bring retracement of recent decline to 0.8650-60 first.






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