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Daily Analysis: AUD/USD for December January 14

January 14, 2015 11:41

After a huge sell off in copper during Asia saession, commodity currencies suffered a lot. AUDUSD has breoken to the lower side of the triangle and made a new low. 8140-8150 is the zone for possible shorts targeting 8030 region. We can clearly see POC at the shorting zone but we need to assume ( due to a big range ) that stops should be put around 8195. Dead stop is 8210 for the move.

daily audusd analysis