A couple of currency charts:
Australian dollar has fallen well below its long term average. The green line is a 600 week simple moving average, red is 200.
The scary thing is the USD isn't even close to its long term average. The green line at top right is a 400 MA other values wouldn't appear on the chart. Potentially it could go a lot higher so where could that leave the AUD?
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Last
8,625.4 |
Change
63.600(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,561.8 | 8,629.8 | 8,561.8 |
| XJO (ASX) Chart |