2011年1月12日水曜日

Weaker australian dollar

 Accelerating and expanding sales of Australian dollars in flood damage to Brisbane's third largest city in Australia. Charts are Australian dollar, Australian dollar yen, euros vs Aussie  in 4 hours. The Australian dollar 0.9536 low of December 1 - December 31 high of 1.0255 of the 50% reversal0.9895 has been  broken. 0.9810 is close to 61.8 percent. The Australian dollar yen low of 79.74  December 01 - December 14  83.67 high of 50 % is 87.70.
eur vs aussie also double bottom around 1.2925 euros to rebound to near 1.3160.
The Aussie has become weaker across the board. But I feel a little too fast, would not come back or been sold