h & s neckline resistance dont miss it, page-37

keep an eye out for details of final terms of the Irish bailout. If senior bondholders in Irish banks are forced to take haircuts, look for renewed euro weakness early next week[AUD too] as the assumption will be that other bond holders around the EU will be forced to take a hit as well.

As for the AUD - hope this chart helps as far as I can tell you need to avoid buying when you should be selling and avoid selling when you should be buying.

The AUD will likely bounce from here to the orange oval where there should be another opportunity to take a short position. But for the time being it looks like a short bounce is in order.