USD Trading Outlook (11-05-2015)

AUD/USD
• Pair hugs 200-HMA in Europe morning, sub-0.7920 pre-US jobs data
• Whippy post-data as algos take control, initial spike up, quickly erased
• USD bounces viciously & pair trades sub-0.7880, move reverses
• US yields dive & takes USD with them, 0.7968 high made
• Action settles & pair back near 200-HMA late in day
• Light Oz data next week, China CPI over w/e might impact Monday open

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