AUD-USDreally lost it extending its fall from 0.94005to fresh 6-month low at 0.89492(at the point of writing). This week’s recovery topped out at 0.91108just when it appears there may be more upside potential after Tuesday’s sharp rally. But as noted in previous updates, medium to long-term bias isdecidedly bearish. Last night’s fall easily sliced through the 0.90 leveland as a result, sharply bring the year’s low at 0.86584into focus. Nearest demand may be found at the 0.88719-0.88908bracket (refer to H1 chart).
TRADE IDEA #1 Sell between0.90756-0.91108 Stop-Loss: Exit on H1 close above 0.91108 Primary Target: 0.88908 Secondary Target: 0.86854
Type : Sell Size : 0.02m Time : 11.09.2014 hour : 04:41 Open price : 0.92102 Time : 17.09.2014 hour : 21:04 Closed price : 0.90073 Realized +/- : $405.80
This message was edited by wushou on 20-Sep-2014 @ 5:38 PM
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20-Sep 2014 Saturday
4:57 PM (3507 days ago)
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