TradingView
workingtraders
Jun 30, 2015 5:04 PM

$AUDUSD Short - China a problem still and Pending Rate cut Short

Australian Dollar/U.S. DollarFXCM

Description

People's Bank of China injects 50b yuan = Weakness in china to continue for medium term

AUD :

Dalian iron ore is limit down
Chinese rebar futures limit down (and to a record low)

It will be more likely now that we see a Rate cut from RBA in November... if we don't see anything from Fed soon.
Comments
workingtraders
nice!
IvanLabrie
Great run ;)
IvanLabrie

Talking China...we might see a rebound next week.
IvanLabrie
Nice, looks perfect.

IvanLabrie
Market sold now, 0.5% risk.
Thanks for sharing this timely entry.
moorekapital
Interesting! I Saw Similar Target Earlier Today
More