AUD/USD is looking like one of those currency pairs that China has got its shackles into and is running traders ragged from one end of the range to the other.
We’ve bounced four times so far this month from the 0.9170 area and stalled twice in the 0.9330 area. 0.9150/0.9350 DNT, anyone?Be careful about getting caught in the middle of the range…trade the edges, as Sean says.
