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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

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Thursday, January 26, 2012

Aussie dollar vs USD ..

Might be time to take some profits if long AUDUSD and wait for pullback for re-entry...
Or if really nimble SHORT..but it would be against the trend and for very short term..

Would probably tie in with a pullback in equity markets see previous post here

Longer term if triangle break out is not a false one..at a minimum should see this test the highs vs USD at 1.1



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