Iridium
Short

AUDJPY Breakout Reversal

FX:AUDUSD   Australian Dollar/U.S. Dollar
76 0 2
AUDUSD             reversed all the gains prior to the CPI             print this morning at 8:30 which is the first yoy deflationary number post Lehman at -.10%. Prices broke through the inverted head and shoulders neckline after the 8:30 data release. The RBA (Reserve Bank of Australia) is estimated at a 58% probability to cut its cash rate once again by .25% due to a slow down in emerging markets especially china. Coupled with a sell off in industrial commodity prices and a glut of supply there is certainly still a large downside in the AUD$ exchange rate.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out