DislikedThere are NO fundamentals or technicals for this AUD and NZD strength (Australia wants the AUD low for economy growth). Weekly TF still in downtrend. Short positions: 0.90100 0.92700 0.94970 <pending I also have other positions on GBP/AUD, EUR/NZD and NZD/USD.Ignored
Fundi's ... AUD has good employment, deficit, foreign demand, etc.
Techs .. see chart .. daily ... we are above all daily MA's (and 4h ma's) and have room to run for a bit.
Techs again .. most AUD crosspairs look AUD bullish ... you 'may' be able to get out of your positions at BE soon ... but this pair has room to run north a couple hundred pips more if it wants to + consolidation.
Good luck with it, but be safe ... we are inches from breaking a previous daily high ... (about 3 pips away) ... if we get above there, we can easily see .95