morning trade, page-7

I have been short A$ since Monday at 1.0737....i think this is the start of a real bearish 'RISK OFF (QE ending)' move and will continue down for a decent amount of time....imho. That is my personal view on the Trend. There will be scalp opps along the way as always. Unless their is another round of QE...i think there is more chance of the SP500 holding down trend after 1295 was broken. This will influence the risk A$. And, head closer to parity.

Should be a real interesting night with UK Rate decision in about 1hr and EU decision in 45mins after that.

Good luck all