TRADE OF THE DAY: I think it will have to be a waiting game today and the pairs to watch are all interlinked; AUD/USD, USD/JPY and AUD/JPY. We need to watch the big levels mentioned above. Though I’m not a big fan of the break trade, I think a .9050 bullish break in AUD/USD could be significant; so buy that break with trailing a stop below .9000 targeting .9250.
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