Monday, 8 October 2012

Short audusd at 1.0230.

Yesterday we had a strong rebound on the aud. this was mainly due to people buying back aud on the crosses.

I am looking for audusd to return below 1.0200 level.

Reckon a stop loss above 1.0280 should be enough to protect the position.

Good luck

1 comment:

  1. The AUD's focus for this week is the job number on thursday. A weak job number will increase the odds of them cutting rates again.

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