All the indicators point to the Aussie falling.Whether it's like...

All the indicators point to the Aussie falling.

Whether it's like a rock I dont think so.

The trading is very choppy atm and I have kept away as I made a nice trade from 9065-->8770 a couple of weeks ago.

The USD looks like gaining further ground and this is much cause for speculators bailing from commidities.

I think we will see the continuing downtrend in the EURO and other USD paired currencies.

It also looks likely that the RBA is set to knock off 50 points as the recent set of business figures have raised some eyebrow's.

I still think the RBA went 100 points to high this year in raising rates though they are heading off the inflation tiger.

If they can push rates down too 5% again then it may provide some relief for smaller businesses and a much needed money in the homeowners hands.

My next target on the AUD is 8400 and EURO 14400