The Aussie has fallen against most majors and has been bouncing around these new low levels for some time. I have been watching this pair as I have been with all the Yen pairs. I'm prepared to go long on this pair and the interest spread makes for a good carry trade. I'm going to be patient though and wait to see if it pulls back to support of the 58 area. Should it reach those level I will go long.
I don't see much short potential with this pair as it's already fallen 4000 + pips from it's highs several months ago.
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