Next support in AUD/JPY is at 96.90 and with AUD/USD support at 96.00 also looming, I wouldn’t be chasing this move lower, preferring to wait and sell intraday rallies.
Hi Sean. Where do you think the bottom is for aussie 95? or lower?
I’m sticking with my 92 cents prognosis, just not sure on timing. Feels very bearish so maybe we go straight down but prefer to wait either for dip or rally before considering trade. Too close to 9600 support to consider selling but s/t trend too strong to consider buying
Sean, I think that the target level of falling for AUD, it 0.90, I assume there will be a bottom.
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