QuoteDislikedYou are trying to short the currency of one of the strongest economies out there that is also paying quite a handsome rollover/swap. From what I've read today it seems that 98% of posters had a bearish bias - that is a warning signal in itself http://cdn.forexfactory.com/images/s.../yim/happy.gif There are far easier currencies to short like you said.
I agree. There were predictions AUD dollar will touch parity with US dollar in 2010.
But now we are in a scenario where dollar is getting bullish, so i think it will pull aud/usd down as well.
I dont think it is possible eur/usd will go down and aud/usd will go up.
Maximum i think it may again retest 0.93 resistance and then will be again in downward move.