Short Australian 10 Year Yields

As the Australian 10 Year Yield has hit the 50% Fib Level, I am going Long Bonds (Short Yields)

Entry 1.5
Target 1
Stop loss 1.65

I believe the market reaction to Tapering (Yields going up) will be faded and yields will soon be back down to support levels.

Cheers,
Kavi
Fundamental AnalysisTrend Analysis

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