Short AUDUSD Fundamental decline and technical resistance.
AUDUSD Stretched
*Safe-haven flows drove AUDUSD high over EZ worries in summer.
*High AUD is hurting export oriented economies.
*More RBA rat cuts to come.
Enter at 1.04908
Stop at 1.0600
Target at 1.025
*Safe-haven flows drove AUDUSD high over EZ worries in summer.
*High AUD is hurting export oriented economies.
*More RBA rat cuts to come.
Enter at 1.04908
Stop at 1.0600
Target at 1.025
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