I'd prefer to see price closer to the bottom of its 8 month channel than sitting in the middle of it before going long myself. I didn't catch the last test that was fast and furious and bounced off 101 support like a rubber ball hitting concrete. Must have been busy elsewhere as I was waiting for it. The Aussie Dollar also trades as an ETF:FXA on the NYSE as well. The seasonal trends in everything are always worth paying attention to but in this totally xxxxxxx up financial world they are not as reliable as they once were. Too many financial mechanics trying to constantly fix things artificially. But 'IF" the seasonal trend for AD is about to kick in the timing does fit well with the inverse DX that is nearing important price resistance at the 83-84 area. But I sure hate taking a postion in the middle of a channel. The question then is where is your stop................................