Aud-usd

Discussion in 'Forex' started by Gcapman, Mar 1, 2010.

  1. Gcapman

    Gcapman

    Charts are saying no rate hike....

    Extremely OB and is screaming a quick 100 pip drop
     
    #1     Mar 1, 2010
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  2. TraderJoe08

    TraderJoe08

    I'm thinking the opposite. If anything the weekly and monthly chart look very bullish.
     
    #2     Mar 1, 2010
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  3. Gcapman

    Gcapman

    Agreed on the bullish LT trend

    But weekly and monthly charts are not indicative of an event that will happen in 3 hours.........
     
    #3     Mar 1, 2010
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  4. Gcapman

    Gcapman

    Rate-hike...

    But charts don't lie - she wants to go down!
     
    #4     Mar 1, 2010
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  5. TraderJoe08

    TraderJoe08

    I know, i close my long for a 22 pip loss.
     
    #5     Mar 1, 2010
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  6. john_fx

    john_fx

    I'm still long with AUD/USD and I believe it will soon be back to 0.95
     
    #6     Mar 4, 2010
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