Tuesday, December 16, 2014

AUDUSD - Trading Signal - December 16th 2014


AUDUSD has sold-off down into its next support level. I am looking for long positions in this currency pair as I think we could see a rebound over the next few trading sessions. I will enter more long positions every 25 points lower from here until we reach 0.8115. I expect traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

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