Aussie looks parabolic against the USD, also a strong move up into established resistance at 7070-90, a reasonable short opportunity starting right now to nearest daily resistance.
The aussie threw a tantrum yesterday before resuming it's pessimistic slump.
Sell as it reaches a good ratio in the resistance area for a 2.5 short to nearest support.
Re-evaluate when/if it gets there.
AUDUSD has been in a channel since mid-June forming higher lows. If price breaks out of .7000, look for a retest before going long. If price retraces yet again, look to short until nearest support.
