EUR/AUD 01.23.14 +150

Swing

2 New Orders. If one triggers, cancel other. We STILL have EUR/JPY orders in


1. Place EUR/AUD Buy Order at 1.5627


Stop @ 1.5527

Close ½ @ 1.5677, move stop to 1.5627

Close rest @ 1.5727


2.Place GBP/AUD Buy Order at 1.9027


Stop @ 1.8927

Close ½ @ 1.9077, move stop to 1.9027

Close rest @ 1.9127

Currencies are on the move this morning and closing in on key levels. Thanks to better than expected EZ Flash PMI and UK employment, the best performing currencies this morning are the European currencies. We think there will be continuation especially versus the AUD which is still being pressured by weaker Chinese PMI. The divergence between Europe and Australia is growing and this should cause EUR/AUD to break its December high and GBP/AUD to break 1.90. We only want to be in ONE of these trades so if one triggers, cancel ALL OTHER ORDERS.


Update

BKSWING – EUR/AUD Buy TRIGGERED at 1.5627 Stop @ 1.5527 Close ½ @ 1.5677, move stop to 1.5627 Close rest @ 1.5727. CANCEL GBPAUD & EURJPY

Update

EUR/AUD T1 and T2 hit +150