RBA paints bearish picture on AUD with rate cut

The AUD/USD was on my list of currencies but I screwed up by not watching the pair. There was a nice swing short opportunity on Jan 28th off a nice chart pattern/monthly resistance.

Look for a pullback as some big boys cover their shorts periodically and some more flush selling as Central Bankers are taking turns cutting rates.

RBA Governor says that the Aussie is 'over-valued'