sold au because reach upper channel.hope nfp help to push lower.
- Joined May 2008 | Status: dynamic | 2,412 Posts
Invincibility lies in the defence, the possibility of victory in the attack
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Dislikedsold au because reach upper channel.hope nfp help to push lower.Ignored
Dislikedcould become a dangerous trade. China has picked up speed again and thus will consume more commodities again. That will benefit the australian economy.
The US on the other hand has still a fragile economy, and some people from the fed announced some tightening of monetary measures. Not good for the usd.
So, for me aud/usd is a long, but that is just from my naive fundamental perspective.Ignored
DislikedGood morning traders.hope we can help each other at this thread.THIS IS JUST BASIC SUPPORT AND RESISTANCE EXPLAINATION.feel free to contibute here.
regards...Ignored