audusd 130928

AUDUSD dropped to target of 0.9320 from 0.9456, where I was knocked out with short at 0.9430 SL 0.9450.

AUDUSD has now dropped to support at 0.9320 and holding, 38.2 retracement of recent upmove is 0.9280.
Price is now trapped in a range between 0.9505 and 0.9280. above 0.9505 opens target to 0.9910 as flag extension.
Below 0.9280 targets bottom at 0.8860.