Australian Dollar Test of Support is a Big Deal

Discussion in 'Technical Analysis' started by DailyFX_Team, Sep 24, 2015.

  1. DailyFX_Team

    DailyFX_Team Forum Member

    Sep 2, 2015
    Likes Received:
    Retail traders remain net-long the Australian Dollar and have remained so since the pair crossed below the $0.80 mark in May. As long as that remains the case we see little reason to shift from our long-standing contrarian bearish trading bias.

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