https://fxww.com/aud-holding-onto-gains-despite-miss-on-economic-data/ The Professional Source Mon, 03 Jun 2013 02:50:44 +0000 hourly 1 https://fxww.com/aud-holding-onto-gains-despite-miss-on-economic-data/#comment-21543 Mon, 03 Jun 2013 02:50:44 +0000 http://381c099c8f.nxcli.net/?p=8153#comment-21543 I kind of agree …. fundamentals are sick – but the price keeps bobbing up. Too many shorts late to the party. Big risk event tomorrow with RBA decision – IMHO they hold rates and we see a bout of short squeeze to test signif resis at 0.9685-00 above there who knows. Don’t like the gap opened on charts from Friday close at .9572ish … it will be retraced at some point

]]> https://fxww.com/aud-holding-onto-gains-despite-miss-on-economic-data/#comment-21539 Mon, 03 Jun 2013 02:25:38 +0000 http://381c099c8f.nxcli.net/?p=8153#comment-21539 inclination is towards upside. no matter how bad the china data comes it will still go up. sell off last month was huge and has priced in bad data for next 3 months.

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