Thursday, April 16, 2015

Trade Idea: AUD/USD - Stand aside

Aussie staged a stronger-than-expected rebound after holding above support at 0.7553, dampening our bearishness and has revived our previous count that wave (5) has possibly ended at 0.7533, hence consolidation with mild upside bias is seen for retracement of early decline to 0.7810-20, then towards resistance at 0.7884



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