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.