Analysis

AUD/USD: Reversal

Bearish: Currently we are at 0.6855 in the start of a reversal (USDX flipping).  We are looking to short the to the 0.382 Fibo @ 137.38/ATR target @ 0.6822 and then on to the square up @ 0.6790.  WATCH THE USDX for more clues.  The ATR is 47 Pips per day.

 

AUD/USD Current Trading Positions

 

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