I think yes. Technical analysis shows that the pair has became overbought lately, and I think that fundamentals will support short also. Im expecting that at 9:00 pm tonight cash rate will be raised to 3,5-3,75% and at 10:45 pm Trade balance will be higher than expected (approximately 200-230M). In this scenario, the pair may go back to 1,081 or lower in a Couple of Days or weeks so I opened short @ 1,088Originally Posted by ;
Well...I was completely wrong...:/
Should audnzd brief recently?i sell a lot of place...
Still have hope for being honest.
So, interesting thing about this pair is how we'd 98% (120) lots long around 1.07 approximately July 7th... price went down another 80 pips or so and we got into the summit of 99% (220 lots) longs at 1.0622 lows...
Now we have 96% short (150 lots) at 1.9069.... Suppose we still have a little higher to go here....
From the total number of shorts 158,18 LOT relates to a person only, so we should handle that information carefully
The present impulse wave of AUDNZD is still working it's way up to over take the 1.1035 top, before reversal.
The road to south is Available...
Last call for 1,0864
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