XJO 0.50% 8,118.8 s&p/asx 200

wednesday trading, page-50

  1. 5,311 Posts.
    Goota say the daily chart for AUD looks ok to me. Of course it could plummet like a rock just to prove me wrong but we have cracked and held parity again so far this week. Daily chart is still making higher lows and higher highs and looks to be in a period of heathy consolidation at the moment. Important lines are drawn but based on this chart I'm mid term bullish. Of course if it breaks down from consolidation or starts making lower highs and lower lows then I will change my opinion.

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