AUD,NZD/FXWW News/Trade Ideas

AUD/USD: Lightening up on long position

I’m taking a little profit off the table here at .9170 as resistance at .9185/90 has held firm and the Yen crosses have turned south. I think we may see some extended range trading .90/.92.

Edit: Wish I hadn’t done that 🙁

  1. Hey Sean, hindsight is always 20/20 🙂 maybe chance for a re-entry as you say at 9170 50% fib retracement of the recent down move? I’m still holding on to my GBPAUD and EURAUD shorts as I think there is pretty strong support for the Aussie at 9050

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