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0.00% 1.4841 australian dollar

time to buy the aussie battler, page-16

  1. buddfox
    9,241 Posts.
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    10/09/08
    19:19
    Post #: 4251816
    Mikke,

    Everyone in this world is currently long the US$ ATM, it's only a matter of time until the unwind or take profits and reverse the trend.

    Remember, that recent moves by the US Fed Reserve is only a band-aid solution to a weak US economy.

    A rally in Gold, will also see a rally in AUD/USD long.

    Massive call but I'm long AUD/USD and call AUD at 0.88cps within the next month or two.

    DYOR!

    regards,
    Price at posting: 0.0000 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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