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

Friday, December 30, 2011

Australian Dollar Wedged between Several Trendlines


Jamie Saettele, CMT

3 comments:

Harry said...

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Thanks!

Harry
harry.roger10@gmail.com

lcchong said...

Coincidentally, I also have the same analysis:
AUD/USD–Not Confidence to Trade the Signal

Remnant 888 said...

LC Chong
Yes, Aud seems like going thru consolidation but short term-wise, it's trending very strongly.
My gut feeling is it will breakout from this consolidation and spike to 1.04