Tomorrow 25th Jan, We have German Chancellor Angela Merkel... well if it is Angelina Jolie, i might go for a bullish outlook for Aussie dollars ^__^ .
My first thought - If Angela Merkel mention "Recession" is already in Europe, the impact would be strong selling on Aussie. Plus as for now, Greece talks haven't come out positive. Usd/Chf down for 3 days and what it meant for us is that investor is seeking for safe heaven. Thus i am super bearish on aussie dollar.
Pipsfarmer trade call : Sell Aud/Usd @ 1.0465 , Stop Loss (35 pips ) @ 1.05 (use it as reference)
Take Profit @ 1.0360 (105 pips).
Regards
PipsFarmer.
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