- In a downtrend but past 3 weeks has seen a retracement which has taken us from low of 0.8577 to last week's high at 0.9111. Now at 0.8980.
- Been patiently awaiting for this to turn back down. Looks like its happening now but still preliminary.
- Will watch Friday's close to confirm and consider increasing short position.
29 June 2010
AUD/CAD : Sign of Turning
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