Live trade: AUD USD long with explanation AUD/USDOANDA:AUDUSDjohnelfedforexblogIt's a 'USD short trade', although NFP was fairly mixed, the higher unemployment number, followed by Hassetts comments suggesting rates can go a lot lower, 'should' weigh on the dollar. I've once again gone with the AUD but you could make a case to long any of the currencies', the CAD in particular has momentum but is sitting at daily support. Arguably JPY short is also an option but the yen could be volatile with the BOJ meeting this week. I've gone with a 20pio stop loss and 25 pip profit target up to 4hr resistance. The risk to the trade is negative market sentiment or 'hawkish FED speak.