Thursday, October 02, 2008

Forex: Australian Dollar Breaks Major Support



Today the Australian dollar was down again but this time it closed below major long-terms support. Even though this currency is extremely oversold I think we'll see continued selling in the weeks to come.

1 comment:

frank said...

Good work, Keep'em coming Kevin

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites