Is it time now? Look at AUD/USD uhm..

So what happen to Aussie dollar pair now? Let's have a look. Urgh....a little bit ugly, isn't it? We have a little small box with rather negative bias at moment. I mean, it is very likely to break out to the down side. uhm....

Here is the .......daily CHART!

And let's go into 3-hour chart to have a look. Urgh...uglier...LOL....man, the kangaroo is jumping to the wrong side. As mentioned in my comment, I am practicing 'wait-and-see' approach for AUD/USD pair at the moment.

Here your favorite...... CHART!

Comments

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  1. Tom
    Yeah the AUDUSD chart looks ugly but my guess is that we'll see parity next year in this currency pair.
    1. Gav
      ditto. I am waiting for parity in the coming year as well. Commodity currencies are still my favorite for the coming year. :-)
  2. Tom
    Yeah the AUDUSD chart looks ugly but my guess is that we'll see parity next year in this currency pair.
    1. Gav
      ditto. I am waiting for parity in the coming year as well. Commodity currencies are still my favorite for the coming year. :-)
  3. MerDuriaN
    aiks... AUD increasing because many Malasyian going there for an investment. I'm so happy that USD currencies decreased because I might going there for my further studies :D really happy to see the second graph
    1. Gav
      Very interesting comment from a young lady. :-) AUD is a commodity currency. uhm...I don't think it has anything to do with malaysians going to aussie though.... Have a Merry christmas.
  4. MerDuriaN
    aiks... AUD increasing because many Malasyian going there for an investment. I'm so happy that USD currencies decreased because I might going there for my further studies :D really happy to see the second graph
    1. Gav
      Very interesting comment from a young lady. :-) AUD is a commodity currency. uhm...I don't think it has anything to do with malaysians going to aussie though.... Have a Merry christmas.