tue sept 2nd 2:30pm interest rate statement, page-4

Agreed with your analysis on Centro.

The USD is in a trend. I prefer to trade trends in currency and leave it alone when it becomes choppy. You have to hold a position somewhere and I would have been better off above 8700 to kerb my risk.

I usually set targets on currency and allow around 100-150 pips on my stops when I see a trend. I saw it move up last week and on a chart this is an good sign as you can open a position on the high side and know it wont move too much above that.

My target on the AUD atm is 8400-8500 we should see some movement down on Monday night provided OIL doesnt go for another run up.