Sell AUD/CAD x -50000 @ 0.9462 stop 0.9589
Adding to AUD/CAD short since it's nearing the point where I'm expecting a reversal if any is to occur. The main difference in conditions now back to original signal is a more positive development for China than expected, then again I'm more thinking that the exuberance of equity markets rather than a sign of Australia having a chance to grow exports to China or otherwise improving their receding economy.
Adding to AUD/CAD short since it's nearing the point where I'm expecting a reversal if any is to occur. The main difference in conditions now back to original signal is a more positive development for China than expected, then again I'm more thinking that the exuberance of equity markets rather than a sign of Australia having a chance to grow exports to China or otherwise improving their receding economy.