The 52-week high Aussie

July 13, 2008 – 11:38 pm

AUDUSD, well well well. We have made a new 52-week high last week, with the help of surprised figure of unemployment rate and troubled USD.  I did not get into long position last week ( stupid huh? well).  It was just because risk reward ratio did not impress me. Whatever…

It looks interesting to me now. I am waiting for low risk entry to establish a some long positions. Next week we have RBA meeting minute. Well, what’s new in the minute?

Here is the….CHART!

Here is some statistics.

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By Trader Gav

From the desk of Tradergav.com


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More on this topic (What's this?)
U.S. Dollar Trending Up (Trends I'm Watching, 9/4/08)
Ritchie Brothers: Fully Priced (Barel Karsan, 7/14/08)
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Read more on U.S. Dollar (USD), Ritchie Bros. Auctioneers at Wikinvest

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