AUD unknown

eurofin, apple & commod rally

  1. yellowgsum
    11,522 Posts.
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    23/04/12
    09:15
    Post #: 10019360

    Quick chart of A/U for recent months on 4hourly.





    At 23.6 retrace of March-April range.

    US equities, Spx just on major 7month support for fourth time in last 9days, could go either way, however, Apple just on 50dma for first time, likely to bounce upward.

    Upside risk: Commodity rally continues for Oil/Base metals, nice upside break on Cu Friday eve.

    Downside: European financials (bigcharts: xx:sx7p) on 137 support but below downward res at now 140.

    Feel free to add more Up/Down risks, cheers.

    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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