Comments on: AUD/USD: Unemployment rate increased to 5.4% yet the AUD still rises https://fxww.com/audusd-unemployment-rate-increased-to-5-4-yet-the-aud-still-rises/ The Professional Source Thu, 11 Oct 2012 01:29:11 +0000 hourly 1 By: Sean Lee https://fxww.com/audusd-unemployment-rate-increased-to-5-4-yet-the-aud-still-rises/#comment-1291 Thu, 11 Oct 2012 01:29:11 +0000 http://fxww.dreamhosters.com/?p=1346#comment-1291 Agree 100% Iridium, if we are now patient we could get a really good entry point for medium term AUD shorts

]]> By: Iridium https://fxww.com/audusd-unemployment-rate-increased-to-5-4-yet-the-aud-still-rises/#comment-1290 Thu, 11 Oct 2012 01:16:31 +0000 http://fxww.dreamhosters.com/?p=1346#comment-1290 * I meant – it should not reach 1.03 on such data

]]> By: Iridium https://fxww.com/audusd-unemployment-rate-increased-to-5-4-yet-the-aud-still-rises/#comment-1288 Thu, 11 Oct 2012 01:02:09 +0000 http://fxww.dreamhosters.com/?p=1346#comment-1288 Good morning Sean,

Looks to me like a rally on low volume. I guess many traders as me have seen two contradictory numbers (one strongly positive 14.5K and the other one strongly negative 5.4%) and decided to stay out…

We should even reach 1.03 based on this data…

I think shorting the AUDUSD hasn’t even started yet really. BTW, I maintain that a weekly bearish candle on AUDUSD and/or AUDJPY will be extremely bearish possibly for several months to come. If the weekly candle is bullish, then we are in a rebound for the aussie.

Imho, it seems the european problems are starting to have a new life, and the AUD heaven is back again as it happened during the summer. Therefore, the AUDUSD might continue climbing based on Spanish worries. When Spain will request a bail-out, then it will be time to buy EURAUD since this pair should reflect this relationship.

]]> By: Jones https://fxww.com/audusd-unemployment-rate-increased-to-5-4-yet-the-aud-still-rises/#comment-1287 Thu, 11 Oct 2012 00:48:08 +0000 http://fxww.dreamhosters.com/?p=1346#comment-1287 Just got out of my shorts (that doesn’t sound right 🙂 ). I think AUD is going to hit 1.0324 soon. Then I will short again!

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