whats really going on with AUDUSD and whats next

FX:AUDUSD   Australian Dollar / U.S. Dollar
42 0 8
The downtrend that started July 2011 (just as Gold             and USDCHF             ) has just reached a target zone.
Price immediately ran into some buyers but the selling pressure is still on. Just because price reach one target doesn't mean the whole trend is over.

Its tempting and I will place some long trades very soon (pin pointing the trade on the Daily) targeting the median value.

// RolandV.
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