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LEONES
May 6, 2013 5:14 PM

Aussie back to parity Short

Description

Australian dollar is currenlty consolidating below the 20EMA and seems ready to drop. Only a trade below 1.01890 would confirm the short position with projected target objective at 1.0000. Drop should be fast once the median line is crossed
Comments
Nickmail
LEONES
Maybe some retracement first
Nickmail
maybe but who knows!?
Nickmail
westpack target 0.97
LEONES
Major pattern now to watch.
Nickmail
westpack target 0.97
LEONES
Hit the target!
LEONES
Good to short again
SirJayPee
Which report are you eyeing? I don't see anything else but the RBA's monetary policy statement.
LEONES
I was talking about the reaction to the Australian unemployment rate. It seems that the spike up was just a temp excitement. The price fully retraced.
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