Gillard and her circus politics has not more power to move a market than does the wind that passes out of my rear end. Market noise is more volatile than anything Aus politicians are likely to drum up.
AUDJPY gapped open to the neckline from this H&S neckline that is extended to the 1983 float high.
A close up of the inv H&S from above - bullish alternative presented (play your own game)
Direct breakout is a close above 87.2 from here. High confidence results if H&S breaks either way.
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