FXLeaders

Sell spikes above 0.7450 in the AUD/USD

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
The AUD/USD has been pressing higher on the back of USD weakness. After yesterday's weak inflation, I feel this is a good time to sell these spikes higher. 0.7500 is about as far as the AUD/USD can hold from a fundamental point of view. Entering a short position with a longer-term outlook might be a decent play while the USD is off its highs.
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