sell AUD upon forex factory responsibility , although i'm newer but the 4 houre candle didn't close yet !
After an initial spike towards 0.8970, the AUD/USD has rotated aggressively lower in the last few minutes, with no apparent trigger causing the sharp drop in prices. AUD/USD has broken down support at 0.8940, extending the slide until 0.8924, where the top of the hourly kumo cloud appeased the decline. Watch for a retest of 0.8940, likely to act as resistance now. The RBA released was positive for the AUD, after the CB upgraded both growth and inflation projections, setting the June 2014 GDP growth forecast for Australia at 2.75% vs 2.5% in Nov, while inflation was revised higher to 3%. That being said, the core ... (full story)
Disliked2.6% up in two days... this wasn't done by retailers. Big hedge funds are behind this. Bear party is over. Buy buy! All the way to 95c.Ignored
DislikedId hardly say it was a massive decline and not a huge move in any direction.
More irresponsible journalism from the hacksIgnored
Dislikedthese posts are getting crappier day by day. for a 40 pip fall they are getting excited.Ignored
DislikedWell, a/u might have broke .8940, but definitely didn't stay below it! Finding lots of support there last night and today...also strong resistance at .9000. Guess we'll find out next week which one fails. Have a good weekend.Ignored
Dislikedthe trend is down it appears, and it also appears SM is jacking it back up with volume buying, which would be par for the course right?Ignored