Comments on: AUD/USD: Long position well and truly obliterated https://fxww.com/audusd-long-position-well-truly-obliterated/ The Professional Source Sun, 12 Oct 2014 20:48:41 +0000 hourly 1 By: rhonaottolina@gmail.com https://fxww.com/audusd-long-position-well-truly-obliterated/#comment-117054 Sun, 12 Oct 2014 20:48:41 +0000 http://381c099c8f.nxcli.net/?p=14032#comment-117054 Oouuch…!
I mean for those heavy bulls!

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By: Sean Lee https://fxww.com/audusd-long-position-well-truly-obliterated/#comment-117053 Sun, 12 Oct 2014 20:09:22 +0000 http://381c099c8f.nxcli.net/?p=14032#comment-117053 I prefer to sell this pair Ray, purely based on central bank policies. I think the bearish AUD sentiment is overdone but I’ve been getting my timing pretty badly wrong recently so we may get more of same? Safest way to play the EUR/AUD is to sell any decent 200 pip rallies imho

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By: Ray https://fxww.com/audusd-long-position-well-truly-obliterated/#comment-117017 Sun, 12 Oct 2014 16:11:02 +0000 http://381c099c8f.nxcli.net/?p=14032#comment-117017 Hi Sean, what are your views on euraud? Seems like a bullish IHNS is forming with a neckline break very nearby at around 14585. Am wary of euro weakness on the whole but euraud has instead rebounded quite a bit due to the recent aud decline. Do you think it will move up further back to 1.50s from the still declining aud sentiment, or will euro resume its steep decline and put the pair back towards 142 in a 142-146 consolidation mode perhaps? Thanks.

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By: Sean Lee https://fxww.com/audusd-long-position-well-truly-obliterated/#comment-117003 Sun, 12 Oct 2014 08:09:12 +0000 http://381c099c8f.nxcli.net/?p=14032#comment-117003 Hi Yasser, I got stopped out on Friday night. I’m wrong on the AUD, pure and simple. The reversal in AUD/JPY has also caught me by surprise. This may well be the bottom but I don’t have the stomach for this fight 🙁

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By: majimaji https://fxww.com/audusd-long-position-well-truly-obliterated/#comment-117002 Sun, 12 Oct 2014 08:07:38 +0000 http://381c099c8f.nxcli.net/?p=14032#comment-117002 I think both aud and cad will continue weakening against the dollar given the prevailing fundamentals. I also think Dollar will continue rallying after the brief fall after FOMC

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By: Yasser https://fxww.com/audusd-long-position-well-truly-obliterated/#comment-116999 Sun, 12 Oct 2014 08:02:59 +0000 http://381c099c8f.nxcli.net/?p=14032#comment-116999 Hi Sean,

Thanks for your comments. Are you already out of your position or will you watch and get out on monday. I am also holding an aud long from 88.25 wondering what to do.
Thanks

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