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Ok….. 20hrs no sleep….. quick trade idea in the FX space

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I’ve been monitoring the AussieDollar cross all day . And I think from this level a short term long position looks good. 
I was short but as I refreshed my tools , I was persuaded long. 
the volatility is dropping plus negative returns are decelerating . Already 5% up in the green . Will see how it plays out tmrw . On a macro fundamental level yes growth is slowing which should favour  a stronger dollar but I think this is a short term bounce before the trend continues downwards. Also should PMIs prove bullish this month , I think it puts more pressure on the dollar.
That’s it from me taking my **** to bed. Should be able to get 2 hours of snooze  in before work . 
Good luck out there today.


Edited by Rintel
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