Attached is a 30 day chart of December Aussie Dollar (ADZ2).
We have maintained a short bias for several days with
little satisfaction and several brushes with stop levels. At
this point we will will tighten our stop-loss parameters to a
settle above 103.40.
As the dollar continues to benefit from
a "risk-off" trade, the Aussie has concurrently benefited from
better news from China, making the trade a wash...
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