0.9300 under threat in the aussie

Looks like we may have a little break coming as 0.9300 trades. Make that 0.9298 trades.

The 50.0 fib I pointed out earlier is gone and we need to keep an eye on the 0.9279 level which marks the 30 September low. From there it’s the 100 dma at 0.9265.

AUD/USD daily chart 12 11 2013 2

AUD/USD daily chart 12 11 2013

Just as I type it gets whacked down to 0.9269 as stops are hit through 0.9290.

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