BountyTrader
Short

AUDUSD 5JUN14 Trade Balance

FX:AUDUSD   Australian Dollar/U.S. Dollar
115 0 1
I'm bias to short AUDUSD             this coming Trade Balance report as China is slowing down so Aussie Trade Balance approximately will be bearish . The RBA would like nothing more than for the Aussie to drop below the 0.90 level, and Australian numbers have not been impressive of late. Selling at all news high or we'll wait for a floor break at 0.92600 and take profit at 0.92404.

Either way if the price break and close beyond resistance level 0.92798, i'll be long to take profit at 0.2956.
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