AUDUSD seems a bit overdone at these levels. The huge stock market rally pushed the Aussie above initial resistance at 6800 & 7000. Some overbought signals and an upcoming divergence can been taken to open short positions. Under the circumstance that stocks & commodities will trade lower this weak, the pair has potential to trade again below sub 6800 & 6500.
Trading: Sell 7200/ Stop 7500/ Target 6600
Trading: Sell 7200/ Stop 7500/ Target 6600
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