today on aud....

after taking profit just over 8000 on friday nite i will
be looking to go short aud at around 8025 and 8055 with a stop loss at .8105.....i still tink this morning they will try to push the aud up higher but i think most the shorts are out now and i think you mite have some importers looking to lock some of the transactions around the 8000 level and imo u mite see some retracemnt in aud over next day or so, however having said that anything is possible with this aud....also you will probably find the rba looking also to sell the aussie at these levels imo considering they bought lots on the way down when it was collapsing a few months back....so all in all i am going to play it from the short side today buy with very tight stops ....but please note i am not going short until .8025 and again at 8055 not before and stop loss at 8105....

regards....