believe or not i have just gone short aud at 8143....with a stop loss at 8205.... this is only short term play again
and will look to take profit just under 8100....longer term i think aud goes well higher imo and would not surprise to touch 9000 within a few months when econ starts to turn around.... this play tonite is a bit risky as everything at that moment points to higher aussie however as i said yestertay imo i think rba will be trying to smooth the rise in aussie and take some profit of the table as they undoubetly bought huge aussie a few months back when aussie was in free fall and imo bought lots between 7000 and 6000 ....so this will have two effects of profit taking and restricting the aussie sharp rise to some degree....please note however i am not to confident in this postion being successful however need to take some position to try and make some money....
regards....
AUD
unknown
well i have just taken a position again....
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