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Cyprustrader
(Limassol, Cyprus)
   
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Cyprustrader
Limassol, Cyprus
Posts: 1
15 years ago
Jan 24, 2010 15:37
In Thread: Aussie Dressed up but where to Go?
Ashraf,

Your analysis on Eur/Usd and the "Dead Cross" was very enlightning, thankyou.

Do you see a similar scenario on Aus/Usd, the 50MA is curling over and getting quite close to the 100MA.

With Gold approaching support at 1072 USD and commodity sentiment down, I can see a possible trigger for the Ausie to unwind the carry trade built up since Mar 2009?

[URLhttp://img11.imageshack.us/i/audusd24jan.gif/][IMG]http://img11.imageshack.us/img11/6411/audusd24jan.th.gif[/IMG][/URL]
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