AUDUSD: Oversold into support

FX:AUDUSD   Australian Dollar / U.S. Dollar
We can go long the Aussie here, or if we don't see bearish follow through in the next 3 days if more conservative.
Stop loss should be below 0.7392.
You can either take it at market or wait 3 days to jump in.
Until FOMC is out I don't expect to see long lasting directional moves in the dollar, and neither should you in my opinion.


Ivan Labrie.
Comment: Excellent move.
Trade closed manually: I'm out for now, reentering on a dip tomorrow.
Trade active: Reentered the trade on the dip here, stop at 0.74927.
Trade closed manually: And closed again at 0.75897
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