DislikedThe Chinese data was released 4 mins earlier than schedule, positive number, but we only see a 15 pips jump. What is the market waiting for?Ignored
.9435 level clearly has been rejected. However .9480 seems to be an important SR line. will be monitoring this level, once I see a clear break of this level, I will be placing longs. Meanwhile, I will just watch.
Nevertheless, I am still holding on to my EURAUD shorts from 1.444 and SL at BE. I will also be looking at distant cousin GBPAUD (no entry yet, looking at 1.6875 level to confirm bearish).
The true fact is market doesn't care, risk mgt is important.