AUD unknown

tech & cu

  1. yellowgsum
    11,522 Posts.
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    13/08/12
    09:46
    Post #: 10559226

    Tech sector rallying fast with Ndx close to a 2ndry trendline parallel to 09-11 rally, likely to push thru the 2750, and challenge decade+ high of 2800 in mid term.

    Big story is Cu, placed a low last Friday week and retraced end of last week. With China out from its ~3month downtrend, Cu could rally along with Slvr/Gold and rest of metals, to test 50wma/200dma both at 358.

    Texas taking shot #3 at underside of weekly res of 09-11 rally.

    Eurofinancials above Feb11-Mar12 downtrend.

    A/U at 23.6% level of 2012:





    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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