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?
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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.
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Ardy TLTrader
Thanks man. I will be watching Bernanke talking later and I agree with your analysis.
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Am short short now from 91150. Weakness in this pair persists and all Bernanke's talk gains are gone. 1st tgt 90500.
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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?
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nice one
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Terrible reversal shaping up on this pair. Will reverse trade when S/L will is triggered.
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