AUD at a critical support level - if it can break below 9470 - we should go to atleast 9400/9380.
Fundamentals not supporting the Aussie in the short term and a rate hike probability is diminishing.
Aussie is a high-yeild currency and could lose investor appeal very very quickly.
I am taking a short at 9505 with a SL at 9650 and TP (1st lot) at 9400
Fundamentals not supporting the Aussie in the short term and a rate hike probability is diminishing.
Aussie is a high-yeild currency and could lose investor appeal very very quickly.
I am taking a short at 9505 with a SL at 9650 and TP (1st lot) at 9400
Attached Image (click to enlarge)
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