Monday, April 13, 2015

Trade Idea: AUD/USD - Sell at 0.7610

Aussie met renewed selling interest at 0.7739 and has tumbled late last week, adding credence to our view that correction from 0.7533 has ended there and retest of this level would be seen, break there would extend recent wave 5 to 0.7500, then towards 0.7450, however, near term oversold condition



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