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Forex Strategy: Holding Short Euro, Aussie vs US Dollar

Forex Strategy: Holding Short Euro, Aussie vs US Dollar

2012-11-23 11:01:00
Ilya Spivak, Sr. Currency Strategist
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I entered short EURUSD at 1.2982 and continue to hold the position, aiming for a revised downside target at 1.2619. Meanwhile, the Australian Dollar cleared support and I've entered short AUDUSD at 1.0381.

...

See the latest on EURUSD and AUDUSD positioning by clicking on "View Outlook" here: http://www.dailyfx.com/technical_analysis

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