New Chart Analysis Thread, page-92

The AUD is a commodity currency. Below are monthly charts of the USD and AUD. The AUD is attempting to breakout from a 13 year down trend. The USD sits on the precipitous of a cliff edge. A close below 99c projects a minimum target of 93c which historically has unfolded in 3 months on the 3 prior occasions that this has happened. A break of 100 (currently 100.42) would be a breakdown of a descending triangle and would target the projected target zone highlighted on the chart. One thing to note with these charts are that the monthly indicators support the coming breakout/breakdowns. Now go back to the lead & silver charts which are attempting to breakout, possibly as early as next week! The USD dropping below 100 will probably be the catalyst for all of these events. The last 3 charts are just reposts of prior charts to add a little context to the impending moves. The monthly candles close Monday night. Pb needs to close above $2,128 (currently $2,118).