The Aussie daily chart just continues to coil like a wound up spring and just when you think it’s going to break out, it coils back up that little bit tighter. The tighter it coils like this, the more and more positions in either direction the market is sucking in, and when it pops one way or the other, you just know stops are going to be triggered and you’re going to get a huge squeeze. To start the week, we see the Fed’s Dudley and Bullard speaking tomorrow and then the big Aussie CPI release on Wednesday which could be the catalyst for the pop. Just keep in mind that the statement on the conduct of monetary policy ... (full story)