Tag Archives: Aussie Dollar
AUD/USD
Last night’s high in the Aussie basically completed a 40 year journey trading within ticks of the all time 2/3rd’s. As previously discussed, the Aussie has historically been a good risk indicator. Strong Aussie=strong equities. This is another piece to … Continue reading
A.M. Look 4/28/11
Red light …Green Light trading.. The Bonds aren’t breaking and the Fed seems to have the rates where they want them. My eyes just keep taking my focus to the Aussie and the 110.30 level which is THE major Fib … Continue reading