Wednesday, June 19, 2013

AUDUSD Price Action: Break of Support, June 19, 2013

 AUDUSD was faced with massive selloff following the bullish tone of the FOMC statement. The intensity of the move saw it break through support easily, which should open the doors for further bearishness. A minor rotation back into new resistance could ensure from where intra day sell bearish setups should be sort.

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