AUD 0.00% 1.4829 australian dollar

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  1. 1,710 Posts.
    I wrote the below on Wednesday afternoon.

    "I agree with you short to medium term although I do see a little further weakness to about .6550 - .6560 before a recovery to .67 and longer term beyond."

    Well, the rest is history.

    .68 yesterday before profit taking.

    The big question is what effect the Dow and the decision of the US Senate will have on the US and inturn the aussie battler?

    I still see .75 by February's end.

    In the meantime, a general trend upward toward that mark imo with profit taking of course along the way.

    Time will tell.

 
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