ShishirJakati

Go Long on Aussie Dollar

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Aussie dollar is doing well right now. From a purely technical standpoint, this pair is coming back for a retracement from a downtrend. Came back to the .618. Need to be cautious, as the price can continue downwards. Price action, though, is looking to be slowing down in the negative direction.

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