AUD,NZD/FXWW News/Trade Ideas

AUD/USD: Taking small profit off table at .9225

The Yen crosses are turning lower and I’m a bit worried that AUD/JPY is stabilising back below 92.50. I’m taking 1/3rd of my AUD/USD long position off the table, leaving me with a comfortable average and a free trade, just as we like it. Next resistance is at .9250 and if that holds, we could see a pull-back towards .9125 so let’s see how it plays out.

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