AUDUSD

19 May 2015

Technical:

broken channel
broken trend


Fundamental:
Bad unemployment data, less than expected GDP and cutting interest rate were the sign of weakness for this pair but due to dollar weakness this pair surged

bad economic data for china (as the most important international partner for Australia )
recent RBA speech which open the door for more cutting rate in future pushed down this pair

I expect that aud/usd pair goes down further