AUD/USD looks like it's going for a retracement before 'FALLING'. Coupled with good U.S Stock Market performance on the S&P500 (good for the dollar), AUD is most likely going to drop in price against the US dollar. Pullbacks along the fall too.
WHY DOES THIS KEEP HAPPENING?
If it keeps working then... we keep getting free money. Pretty simple.
I sold at the top (0.76750) 3-4 weeks ago, I bought on today's low, will I have bought at the bottom?
If yes, this will become my favorite thing to trade.
Taking profit on a small bounce and then let's hold see if we can take 2-300 pips or even more.
Getting out...
