FX:AUDUSD   Australian Dollar / U.S. Dollar
259 7 1
Bernanke dovish talk after market close should be strong support for this pair. Going long at market. S/l @ 91000. Tgt             96280.
What do you think now TLTrader after the price has gone back up to hit 0.925?
Ardy, look like this is forming a rounded bottom. A dovish Ben tomorrow can help drive this to the first target @9400. But if the mkt. focuses more on the taper talk then this could strongly reverse and i'll look to get short at 91050.
Ardy TLTrader
Thanks man. I will be watching Bernanke talking later and I agree with your analysis.
Am short short now from 91150. Weakness in this pair persists and all Bernanke's talk gains are gone. 1st tgt 90500.
Raising S/L to 91150, below today's low. This pair surprisingly did not move even with bullion and China doing well today. Who is selling AUD? RBA?
nice one
Terrible reversal shaping up on this pair. Will reverse trade when S/L will is triggered.
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