Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Monday, October 17, 2011

Trading Options. AUD/MYR

AUD/MYR chart on a time frame of 6 months, with the AUD trading range within 3.02 to 3.25

Aussie today climbed to a intraday high of 3.22 in the morning but has since slid to 3.17 against the Ringgit in the evening as news of German Finance Minister dampened hopes that the impending summit would produce a breakthrough in Euro debt crisis. AUD/USD dropped from 1.04 to 1.02

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