Trade rationale: I think dollar will continue to rally over the coming weeks, as risk aversion is very strong right now. After the bad AUD employment data yesterday, I think the Aussie could be weaker this week. Technically, 1.0160 was a previous support level and is in line with the 38% FIB. Stochastic is also approaching the 80 mark so I think we could see the recent down move continue. Or at least I hope it does.
Trade adjustments: If I see a break of 1.0100, I will tighten my stop. I am also looking to add to my position if another Fib places emerges