Clive Lambert, of FuturesTechs, explains why he is trading AUDUSD.

Lambert is selling AUDUSD at around or just below 0.7500, with a stop above 0.7550. He is targeting a move back to 0.7400 by the end of Friday. 

If not below 0.7450 by the end of Friday, he plans to cover his trade and revisit on Monday. However, if below 0.7450 by the end of Friday, his second target is 0.7300 for next week.

Lambert explains the background to a selected trade every Friday on Trading Floor.