Comments on: What to expect from the State of the Union address https://fxww.com/what-to-expect-from-the-state-of-the-union-address/ The Professional Source Wed, 13 Feb 2013 04:09:10 +0000 hourly 1 By: Sean Lee https://fxww.com/what-to-expect-from-the-state-of-the-union-address/#comment-16035 Wed, 13 Feb 2013 04:09:10 +0000 http://fxww.dreamhosters.com/?p=5473#comment-16035 Hey Nooz, good to hear from you again. EUR/AUD is a no go zone as I got stopped out of a beautiful long position at lows before it rallied 800 pips 🙁 Overall like it still higher, maybe even 140ish in coming months so matter of being patient and waiting for right dips imho

]]> By: Nooz https://fxww.com/what-to-expect-from-the-state-of-the-union-address/#comment-16031 Wed, 13 Feb 2013 02:51:44 +0000 http://fxww.dreamhosters.com/?p=5473#comment-16031 Hey Sean, long time reader of yours. You should guest post fxbriefs sometime. :p

What do you think of the EUR/AUD right now? I’m waiting for those stops to trigger in the A/U so I get a spot in near the bottom of the E/A’s current consolidation.

My logic is that the E/U will stay supported at it’s lower levels for now but may gain some upside traction in the coming weeks on flows and the slew of euro info coming out. A/U has rebounded sharply today but I don’t see it moving too much higher with consolidation under 1.0400 seeming likely before drifting lower.

]]>