Australian (ASX) Stock Market Forum

CAD, AUD, UJ

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19 January 2005
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It is my view that the USD bears are growling a little too loud and a little too late.

USDCAD has found support @ 1.10 (Im long from 1.1010)
USDJPY (UJ) has also found support @ 110 (Im long from 110.58)
AUDUSD cannot break resistance @ 77.4 (Im short from 7728)

my stops are set at technical levels. I trade on 30min charts.
 
money tree said:
It is my view that the USD bears are growling a little too loud and a little too late.

USDCAD has found support @ 1.10 (Im long from 1.1010)
USDJPY (UJ) has also found support @ 110 (Im long from 110.58)
AUDUSD cannot break resistance @ 77.4 (Im short from 7728)

my stops are set at technical levels. I trade on 30min charts.


Totally agree with your outlook moneytree
 
It will retrace along with metals/oil.

Chicken or the egg? which is driving which?
 
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