AUD/USD Downside and Possible Range Break

5 בפבר׳ 2013

Sell with stop above large reported offers at 1.0460 with targets at 1.0360 1.0310 and if the 1.030-1.06 range breaks we looking for 1.0190. Multiple reasons for sell post RBA on the 5th FEB 2013 with the market selling into strong economic data and neutral RBA statement with European Political Fears Trumping.