Recent 15min AU chart is now suggesting going long. Will close this position at the 9120 entry if it holds, and will open a long position at the same with a trailing stop.
If it's choppy, I'll wait for a better direction. Short was looking OK, but the USD is now below my 50% FIB - the UC and UJ have weakened it while the EU and GU are powering on.
EU is near 1.33 which I thought might be a top.
Weekly AU is suggesting enough strength remains in AUD to test 93.3, but I've convinced myself that the USD has to rally somewhere. Will look at using 4 hour charts to see if I can see more better.
rgds,
pw
AUD
unknown
short at 9120, page-2
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