Been following the threads here for a bit so i thought id put my own 2 cents in.....I think we could see a bounce in the AUD after 5 down days. Seems to be following a pretty significant trendline. RSI has been bouncing off the 50 for some time which is also a form of resistance. MACD is the only thing that doesnt look great so might wait for that to look better before getting in long. [IMG][IMG]http://i991.photobucket.com/albums/af34/gbl83/AUDUSDchart.png[/IMG][/IMG]
PEK Shenghe holds one-fifth of Peak Rare Earths, and using that weight, has scrapped a superior takeover offer