Aussie & Gold
Updated October 28 - Gold in Aussie = BUY the correction
Gold in Aussie | ||
Bullish Objective | A$ 1980 - A$ 2200 | |
Resistance | A$ 1820 | |
Support | A$ 1480 | |
Bearish Objective | A$ 1480 | |
Technical pattern | buy the bottom |
Short term candle August 26 |
Chart comments |
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Long term candle August 23 | ||
october 28, 2011 - Australian Dollar -
Australia has a privileged geographical position because is is close to China and the country has plenty of commodities. The Australian Dollar is our # 2 Currency after the Swiss Franc (number # 1 is GOLD). One Australian dollar is now worth more than one American Dollar!
Aussie/US Dollar/Euro | ||
Bullish objective | $ 1.40 | € 0.88 |
Resistance | $ 1,10 | € 0.77 |
Support | $ 0.98 | € 0.71 |
Bearish objective | $ 0.93 | € 0.67 |
Technical Pattern | BUY | uptrend |
Short term candle August 26 | Chart comment | |
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Long term candle July 8 | ||
Aussie - Euro - October 28, 2010 - Stronger than the Euro!...Expect to see € 1 = Aussie 1 in 2012.
Short term candle August 26 | Chart comment | |
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Long term candle July 8, 2011 | ||