Morning all,
Well what a night that was, with the AUD one of the best performers, taking out 9020 and 9120 levels without hesitation. From experience, after such a move, AUD usually consolidates. Look for 9150-70 on top to provide some resistance, with 9100-20 support. Range play it today.
Personally I was a buyer yesterday between 8900-30 but didnt get set. I resorted to buying a break of 9030, taking profit at 9090 and shorting it at 9105. So Im sitting short slightly out of the money and will stay that way until 9200 on top gets taken out.
For those who are long, I would stay that way until 9100 on the downside gives way.
