forex traders, page-2

Howdy

Euro/Aud cross has been very slowly rising over the last 12 mths current interbank 0.6209. Recent high made in November was only 0.6244 .... cross has risen from around 0.5600 about 12 months ago. From this you can see the cross has been appreciating but is also fairly stable when one compares it to AUD/USD cross.

Expect AUD/USD still to be supported on any dips and the USD still to slide some more. Cant see any light at the end of the tunnel for the old USD. AUD/Eur cross expect to creep up to the 0.6550/0.6650 level slowly over the next 6 months.

Its all a geusse obviously .... unless we are talking about an amount over 20,000 AUD it really wont make a hell of a difference ... if its spending money for the holiday ... relax cover somewhere round here and have a fantastic time.

Good luck