I am seeing the AUD follow the fortunes of the S&P at the moment. The S&P seems topped out at 2733 and prime for a fall within the next two weeks. My approach presently will be to see if the AUD rises to the top of the channel and then sell it.
Trade closed manually:
I bought at 75.66 and sold at 76.15. Now waiting for reversal.
Comment:
Sell 76.35
Comment:
Stopped out at 76.55.
Comment:
Sell 76.535
Comment:
Stopped out at 76.535 after I was ahead 45 pips! I shouldn't have let it run overnight.
Comment:
Sell 76.521
