We are long AUD/USD before China GDP on 1-18-2016

There are many technical reasons for this as we discussed in our trading webinar today. One reason in particular is the intense sell off from China over the last 3 weeks, we are now at 20% down in Chinese equities. The AUD/USD has been hit pretty hard as its down almost 4 hundred pips from its Dec highs. There are several reasons I am going long. Technical levels have been hit and I feel we are well oversold, fundamentals may follow after technicals if we get a pop in OIL. We are down almost 75% in OIL in the last 12 months, this is a record and I am long crude at $29.00 per share with a $37 target by end of 2/2016.