Some talk that floods will increase commodity prices and thus push up interest rates ( correlation between AUD rate rises and commodity prices pretty strong).
I am still bearish since retrace failed at 1.0070, head and shoulders will be a big bonus!!!
Rooster -
There are a few previous posts about linking to charts, but I don't have the link on me at the moment, another poster might be able to help there.
- I use www.photobucket.com, create a free account
- take a screenshot (PrtScn button), and just paste it into Paint, edit as required
- save onto desktop and then upload using photobucket
- when done, hover over picture and some options will appear,
- I use "html thumb" usually , but the big one above is "html code" - click on it and it will copy the html required to link.
- create your hotcopper post and paste the code into your post.
really easy once you get the hang of it.
hope this helps!
:)
AUD
unknown
short term target, page-38
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