JCP

Short AUDUSD Fundamental decline and technical resistance.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
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AUDUSD Stretched

*Safe-haven flows drove AUDUSD high over EZ worries in summer.
*High AUD is hurting export oriented economies.
*More RBA rat cuts to come.

Enter at 1.04908
Stop at 1.0600
Target at 1.025

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