Monday, January 26, 2015

Trade Idea: AUD/USD - Sell at 0.8050

As aussie has recovered after intra-day initial fall to 0.7858, suggesting minor consolidation would be seen and corrective bounce to 0.7990-00 cannot be ruled out, however, reckon 0.8050 would limit upside and bring another decline later, break of said support at 0.7858 would extend recent decline to 0.7820-25 (61.8% projection



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