BKSWING – New AUD Orders for 04.22.14

**We are currently long GBP/JPY

The Australian dollar is in play tomorrow with first quarter CPI numbers and Chinese manufacturing data scheduled for release. We think the odds favor a stronger report because of higher consumer inflation expectations however with EZ PMIs also due for release, we are laying out a long EUR/AUD order to take advantage of the outsized risk of stronger EZ PMIs and weaker AU CPI.

Place the following NEW orders

1. Buy EUR/AUD at 1.4862

Stop 1.4762

Close 1/2 at 1.4902 move stop to breakeven

Close rest 1.4962

2. Buy AUD/NZD at 1.0965

Stop 1.0905

Close 1/2 at 1.0995 move stop to breakeven

Close rest 1.1085

3. Buy AUD/CAD at 1.0365

Stop 1.0305

Close 1/2 at 1.0395 move stop to breakeven

Close rest 1.0485

We still have the following pending orders on:

4.Sell AUD/JPY 94.72

Stop 95.32

Cover 1/2 at 94.42 move stop to breakeven

Cover rest 93.00

5.Sell EUR/AUD 1.4645

Stop 1.4745

Cover 1/2 at 1.4605 move stop to breakeven

Cover rest 1.4545

**If more than 2 sets of orders trigger, cancel the rest.

Swing

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