AUD unknown

It is not impossible to see 0.80 if commodities continue to drop...

  1. bbloff
    1,965 Posts.
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    26/09/11
    18:04
    Post #: 9012299
    It is not impossible to see 0.80 if commodities continue to drop 5% a day. That said are you really using fibonacci numbers as a guide in this market?? This price pattern is without precedent, surely there comes a time where market volatility and sentiment hits extremes, and common technical indicators become worthless?
    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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