AUD,NZD/FXWW News/Technical Analysis

AUD/USD: Sneaking higher to test recent highs at .9300

The big level to watch in my opinion is .9325, which has provided strong resistance since it broke to downside in early June.

I still think it’s wise to reduce long-profits near there just in case we get some sideways consolidation between there and .9150.

 

  1. Hi, Sean, Is it time to long EURAUD and GBPAUD with 50 pips SL and looking for some quick 100-150 pips respectively? Thank you!

  2. Sorry Yue, I’ve got absolutely no feel for next 100 pips. Overall still prefer to sell s/t rallies in EUR/AUD looking for 140 again but I have no idea where next s/t move comes from. Sorry

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