AUD,NZD/FXWW News/Trade Ideas

AUD/USD: Adding to long position

I’m not sure why I’ve suddenly turned so bullish AUD in the short-term but I have and I’m not going to fight it. I’ve been having a really good run of late and usually that’s the best time to put added risk on, when I’m trading with the market’s money!

I’ve got a reasonably large AUD/JPY long position but I will reduce this below 89.90 and I’ve just added to my AUD/USD longs at .9575, but I will also reduce this markedly below .9530.

  1. morning Sean.
    might worth to take a look at cable. the short got rejected at 1.560 last Friday and now it is climbing higher. If it closes well above 200 dma we could see this going for 1.6 fairly soon.

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