I am short Aussie futures and will maintain that position for the time being. I see no longer term reason to be long right now.
Im in total agreement. Cant see any reason to short the AUD for the reason mentioned above. Commodities, in particular gold (the correction seems to be over) and the expectations of interest rate hikes. I am also Long, but again dont have such a good buy in price.
Sorry, it was 7511 (31 pips - $620). Since I didn't post in a timely manner, I don't want anyone thinking I'm fibbing (though Skalpz is firmly in banned land by now). Here's the screen.
Hey Ivan, you know I am a long term position trader and this was a joke. I don't get excited about the 15 minute chart. I thought you would realize the humor attempt. Anyway, I am short and will maintain. I am looking at the area above 77.00 as a place to get out if wrong.