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When markets open this evening I will be looking at shorting the Aussie Dollar down to the daily trendline, as this has been respected a few times in the past couple of weeks, this will most likely be an intra-day swing trade to get in and get out. Only because of RBA releasing minutes on Tuesday followed by a speech from Yellen later that day, could make some ...
Possibly a wave five has started at the top of the correction I'm expecting a nice three waves down before bouncing up.
Entry price: 0.75323
Possible short as pair consolidates at highs of the year. Could Yellen speech have a drastic effect?? We shall find out!