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AUD/USD dives further to as low as 0.8179 so far today and at this point, intraday bias remains on the downside as long as 0.8309 minor resistance holds. As discussed before, a short term top is in place at 0.8468 and further fall should be seen to 0.8124 support first. Break there suggest that rise from 0.7702 has completed and will raise the odds that medium term rebound has completed too. In such case, focus will be turned to medium term trend line support at 0.8030 first. On the upside, above 0.8309 will turn intraday outlook neutral but short term risk will remain on the downside as long as 0.8468 resistance holds. [actionforex]
10am CST sl: 2.4721 short GBP/NZD @ 2.4621 tp: 2.4571 10am CST sl: 1.7197 short EUR/AUD @ 1.7097 tp: 1.7047
finally, first 2 trades of the day: long GBP/USD 1.6543 stop at 1.6510 long EUR/USD 1.4213 stop at 1.4200