coopfx

AUDUSD Longterm (D) fundamentals and tech

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
1
Shorting opportunities likely.

USD strength : Debate over budget deal = U.S bill reached already passed in the house (will go through senate nxt week.) Govt shutdown in future unlikely and fed may favor tapering.

AUS Dollar weakening: Reserve Bank of Australia suggested a reach .85 cents... Currently @ .89 cents (www.news.com.au/fina...rfm30-1226782084533_

Will place stops above indicated levels. Lower Lows possible, will hop in on retrace

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