Interesting Thoughts about the Australian Dollar
For you share traders out there giving forex trading a go here's an article that you interest you, talking about today's Australian Dollar Movements:
Another day of trading the Australian Dollar… plenty of action for day traders. The Aussie spent the day searching for a bottom. The chart is a 2 day 1 minute chart. After falling sharply from highs of 7980 the dollar is falling back to a reasonable price. Plenty of opportunities to short the dollar over the past day or so. Earlier today the dollar bounced off its current support - around the 7810’s 7820’s… and right now - at 7pm Sydney time it is in a trading range between 7820/40.
Read the rest of Australian Dollar Searching for Bottom.
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