Aud/Usd spot feb 6/7 th

Today we have Greece in for last day of talk for a deal . Expect to see volatility, the markets is bearish on riskier assets on the Euro and Aussie dollars.

I am expecting RBA to cut 25 basis off the current 4% . Short sell on Aud/Usd when daily candle can close below 1.0680. The rally from 24th nov has seen Aud strength gain 11.15% against the USD , 0.9680 to 1.0760 in early feb. Support for Aussie seen at 1.0350. Happy trading to all.

Regards
PipsFarmer. Make Pips . Keep Pips.