AUD/USD…Aussie

While the Aussie has rejected it’s initial 108 resistance the Yen crosses have taken over the entire board since the RBA announced it’s inflation data last night. In the meantime the Aussie resistance of 108 seems to be matching up with the reversal closing # in the Gold of 1495. If the risk on trade is indeed back  these levels will be breached today. If not, you’ve just seen the high for the rest of the day and we will leave our stop as a closing stop. I want some sort of downside exposure.

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