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Monday 9 April 2012

AUD/USD trading 09 - 13 april

Major Events that might impact Aud/Usd.

Monday : Ben Bernanke speaks.
Tuesday : China Trade Balance
Wed : Unemployment Rate Australia.

Any hints on QE (not likely) will push this pair above 1.0380 level . Trade call , Long position to be take at 1.0340 .. TP @ 1.0380. SP 40 pips.


For bearish trader, short @ 1.0280 , Tp& sp 40 pips respectively.

Regards
Pips farmer.