FX:AUDUSD   Australian Dollar/U.S. Dollar
427 5 7
Audusd             rebounded off of RBA's refrain from calling the aud "uncomfortably high" yesterday.... and also broad based usd weakness. I am expecting retail sales later today to dampen aussie's climb.
Possible, but the trend is up, so the risk high. I've been stopped out lots of times on such trades, but I wish you luck!
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JesusDiaz ForceFollower
I agree. There is a possible short play but you will want to be on the long side for a higher probability trade. good luck
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AUD Retail Sales Later, becareful.
Reply
Banker928 FaultyKid
part of the reason I went short is that I am expecting retail sales to disappoint and bring the pair down.
-1 Reply
ForceFollower Banker928
So far so good.
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