A very good opportunity to short the Aussie Dollar after comments from the RBA chairman fueled it's weakness further. A pullback gives us an even better entry at 0.75908 where we shall have our limit orders.
TARGETS: You can go for a scalp at 0.75562 for 80 pips, or hold it longer for 180 pips at 0.74280
STOP LOSSES: Place your stop losses above 0.76298 level to...
As we go into the London session, look forward to entering the EURUSD short if you had missed it earlier, Euro has continously weakened over the last week, with unemployment rates declining and Draghi making dovish comments at the ECB conference. A break of the 1.08617 will see us target the 1.08 level which is a psychological level. This presents us a good risk...
