December Australian Dollar Futures a Selling Opportunity on Fresh Price Weakness
See on the daily bar chart for the December Australian dollar futures that prices are still in a choppy downtrend. A move below .9200 would give the bears fresh downside near-term technical momentum and it would also become a selling opportunity. The downside price objective would be .9080, or below. Technical resistance, for which to place a protective buy stop just above, is located at .9250.
