https://fxww.com/audusd-reducing-my-short-position-again/ The Professional Source Thu, 15 Nov 2012 20:17:45 +0000 hourly 1 https://fxww.com/audusd-reducing-my-short-position-again/#comment-7206 Thu, 15 Nov 2012 20:17:45 +0000 http://fxww.dreamhosters.com/?p=2733#comment-7206 I hope for sub 1.000, but that could be a wishful thinking. Overall drop of the last couple days was as swift as it should be so I am optimistic about further declines. But on the other hand aussie definitely was rather stubborn in terms of drifting up recently. So will see. I am getting impression that major battle is going in the EUR/AUD and EUR/USD arena. With AUD/USD is just a bystander. If that is the case drop in AUD/USD will be triggered by sellof of EUR/USD and euro could be a better short. I am thinking about throwing EUR/USD short but not sure about timing yet.

]]> https://fxww.com/audusd-reducing-my-short-position-again/#comment-7205 Thu, 15 Nov 2012 19:52:24 +0000 http://fxww.dreamhosters.com/?p=2733#comment-7205 Agree 100% Kirill, I think that’s the place to increase shorts. Probably should see 10150ish lows again next week?

]]> https://fxww.com/audusd-reducing-my-short-position-again/#comment-7204 Thu, 15 Nov 2012 19:21:27 +0000 http://fxww.dreamhosters.com/?p=2733#comment-7204 Sean: I think I have idea on the level where to rebuild shorts: 1.0360… As far as I recall couple days back you were talking about buying back shorts at that level, now I think resistance should become a support on the way up (if it reaches those ranges)… Cheers.

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