Possible Aussie short at 0.7870 $AUD $USD #forex
Possible short opportunity evolves on Aussie.
The descending trend line can play as resistance and push the price down.
Fundamentals like dropping iron ore price and slowing down in china's export import numbers support my view.
Never the less watch out for major new this week:
Tuesday April 21 2015: RBA Meeting's Minutes
Wednesday April 22 2015: Inflation Reports
The descending trend line can play as resistance and push the price down.
Fundamentals like dropping iron ore price and slowing down in china's export import numbers support my view.
Never the less watch out for major new this week:
Tuesday April 21 2015: RBA Meeting's Minutes
Wednesday April 22 2015: Inflation Reports
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