AUDUSD recovery today is likely today
|Daily Forecast - 21 October 2016
AUDUSD Spot
AUDUSD recovery today is likely today if we hold strong support at 7620/25 & targets 7640/44 then 7655/60 but reach as far as quite strong resistance at 7685/90. Shorts look too risky & above here 7710/20.
It could be worth trying longs at 7620/15, with stops below 7590. Below 7600 however targets strong support at 7560/50. Try longs with stops below 7535.
AUDUSD Current Trading Positions
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