- See more at: http://blogtimenow.com/blogging/automatically-redirect-blogger-blog-another-blog-website/#sthash.CpFtWfic.dpuf Traders digest: AUDUSD

Thursday, 13 February 2014


Data came out with a 19k miss in unemployment. The miss could be partially attributed to the adjustment of the way they calculate the figure. I suspect news algos picked up the figure without accounting for the adjustment hence the extended fall. There is a large expiration at .9000 in audusd which might be magnetic for the pair. I bought into the dip mid 8930s but exited 56. resistance currently at 8960/80 area. Move back above .9025 is likely to be bullish. I possibly expect sell of EM to have an effect on audusd. Support is at 8910/25 area.

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