Hi - I’m just throwing an idea out to the floor…this past week has shown a levelling out on the DTF of aud/usd. The numbers coming out of china aren’t great at the moment so does anyone else think we could be seeing an entry into a downturn of aid/usd? With the Aussie CPI report coming out this week, a favourable outcome Could boost price to a short term high and present an excellent opportunity to go short in preparation for a longer term downward slide…
Anyone got any thoughts?