workingtraders
Short

Shorting $AUDUSD into the PBOC Rally.

FX:AUDUSD   Australian Dollar/U.S. Dollar
48 0 5
AUD/USD             has fallen, to under 85 cents as Stevens desired in
December 2013, the drop in iron ore prices now has Stevens
looking for a fall further to 75 US cents

China data continues to weaken. Causing a drag on Aussie
dollar. It is highly doubtful that the central bank’s recent policy
easing will prevent China’s economy from
losing further momentum in the coming months.
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