AUDUSD shot higher to our target & selling opportunity at 8815/20 with stops above 8840. So far this trade working perfectly as we look for a dip to
AUD/USD Daily Forecast - 08 October 2014AUDUSD shot higher to our target & selling opportunity at 8815/20 with stops above 8840. So far this trade working perfectly as we look for a dip to 8790/85. If we continue lower look for good support at 8760/55 for profit taking on remaining shorts. If however we continue lower look for a buying opportunity at 8720/15, with stops below 8700.
A break above 8840 is obviously more positive & opens the door to 8865/75.
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