Yesterday our call on EUR/USD turned out quite profitable and hit our take profit giving us +45 pips. Today we take on the Aussie Dollar…
Since the last few days USD has weakened across the board. The current price action is testing some strong Resistance ahead. Considering strong resistance and weakening Bullish momentum corrective moves and reversal is expected for intraday traders.
Outlook for Aud/Usd is SHORT for Intraday trading, with a possibility of making 45-50 approximately
Best
TradeCuts.
