AUDUSD Short Entry NFP

FX:AUDUSD   Australian Dollar/U.S. Dollar
48 0 4
4 months ago
Upcoming NFP will be sensitive after Yellen's hawkish speech. Expecting a lot of volatility as markets need to interpret what figure will be considered strong enough to may be increase rates in Sept.

Expecting 200+ figure would bring Sept rate hike to ~60 %.
Below 150 maybe see retracements across the board on most USD pairs.

Personally feel that AUD will have most scope for downward move as Kiwi posting semi decent data + Wheelers Hawkish sentiments in last appearance.

AUD will continue to have bearish bias unless their job reports show stronger growth in full time employment - all recent numbers have been part time job creations.

Lets see
4 months ago
Comment: NFP ~150k + potential RBA rate hold tomorrow = upward risk and bias. Possible to see .77000 by week end

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