anyone shorting AUD on longer term charts has to be mad. While i understand the AUD is way overvalued, you should be looking for weakness to go long. In the next 2-3 weeks this is heading to possible 96.50.
This would then create divergence on the Weekly charts and then its time to short the #$%^# out of the AUD.
Dont trade against the trend until you have confirmation and im looking for short term double tops to enter. My time cycles are also telling me around early october will show major weakness. This will be an attractive short with quick profits as the AUD is prone to falling fast.
