Top
New York  London  GMT  Tokyo  Sydney 

Aussie shakes free of its shackles; new 2009 high

By   || July 31, 2009 at 19:22 GMT
|| 0 comments || Add comment

Any 0.8350 barrier in AUD is toast as prices rises as high as 0.8362. While US equities are not feasting on dollar weakness as they usually do, commodity prices certainly are. Copper is up 2.3% and the CRB is is up 1.7%.

Next resistance is at 0.8377, the 61.8% of the 0.9849/0.6010 decline. Sean has been highlighting the importance of this level for days.

Share and Enjoy:
  • RSS
  • Facebook
  • Twitter
  • LinkedIn
  • email
  • Print
  • Add to favorites
  • del.icio.us
  • Digg
  • NewsVine
  • StumbleUpon

Add a comment

Comments are closed.

Bottom