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View Full Version : Any predictions on AUD versus CNY over next month or so?



seaosh
20-09-2009, 02:48 PM
A friend of mine is asking. . .

Any insights?

Looks to me like the AUD is in a gradual uptrend against CNY. Moving slowly so no reason to expect any big changes in the next month. If I were my friend I'd be working on the basis that their relative value will be pretty much the same in a month as it is now.

Opinions?

arco
20-09-2009, 03:27 PM
Tell your friend the B-C leg on the Butterfly looks a bit wonky, but thats about the best I can do without proper charts. :eek:


http://ichart.finance.yahoo.com/5y?audcny=x

or

https://megatraders.com/pages/chart1.php?ok=1