Continuing Price Reaction on Yellen Dovish Remarks

AUDUSD

The early European opening after the Asian session has provided a continuation of USD slide from FED Chairperson J Yellen remarks and likewise supported a lift for the European majors.
@Megatrade101, we remain on course with our trade strategies on place with the AUDUSD conversion & leveraged position of the AUDCNH cross rate into the opening of the 2nd quarter trading as a carry over trades.

As of this writing, AUSSIE has made a new session high @0.7700 along with the crosses and the USD Index @94.80 session low.

These positions would now serve as a near -to- medium term positioning, while counting the linear cycle it would provide depending on their price movement and behavior. The end of the quarter is at hand while taking our trading break, still keeping an eye on the market for any sudden changes that may occur unexpectedly. 

Reference: Trend following the Top Heavy USD Comparative chart pattern.
Market Call dated March 07  CCY Corner: AUD EUR CNH & Crosses

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