VOLATILITY WILL BE THE TRADE THIS WEEK.
Sat morning AUD/USD close was 0.9000 flat. If i were up i'd have sold as many contracts as i could.
I expect gap down to 0.8980'ish 7am open.
Watch for constant breaking news throughout the day. Re, Bernanke confirmation etc. Basically anything coming out of the States.
EUR likely to take another pounding mid-morning too.
Regards,
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