By ForexMansion.com
The AUD/USD printed another strong week, and still looks primed to reach 1.07 before it is all said and done. In fact, it is on track to get there in just about a week or two. Because of this, shorting is impossible. Going long is possible, but a pullback would be nice in order to get your stop loss at a reasonable size. The pair only goes up over the long term. In order to sell, we need to see at least 1.02, and quite frankly – 0.97 is preferred.
Originally posted here
