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Member
What are the general thoughts on where is the AUD heading against the NZD?
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quote: Originally posted by moe
What are the general thoughts on where is the AUD heading against the NZD?
Hi Moe
IMO up up and away
Been long on this pair for ages (as you will see by my posts) and it just keeps going.
May correct sometime soon, but think it will then resume uptrend
Cheers
slam
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Hi All
Out for the correction.
Will re enter on the bounce
Cheers
Slam
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Junior Member
I'm looking forward to the Kiwi getting sold down to 0.75AUD, by the end of the year.
Bring on more bad economic news!!
Hoping the AUD drops further against the USD too. Great for aussie commodity stocks.
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this upward trend now had to happen really given our appalling trade figures compared to theirs.... + 80 and holding.
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I bought in this at 1.1883 last night and its been a struggle with the signals unclear. My fortitude almost wavered, but the announcement this morning hasnt done the cross any harm and its seems to be building a base at around the 1.1900 level. Resistance will arrive at 1.20 but buying on dips could work for a few more pips yet. It is quite volatile which does mean you get the chance to buy cheap if you have the stomach for it.
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Hi Peat
I spotted a Sm Gartley on the daily, and a Harami candle pattern (after a Bearish Engulfing 12 days ago). So not sure where this one is going in the short term. I'm basically waiting to see if the recent high is taken out before making any decisions.
regards - arco
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as suggested i accumulated at around 1.1900 and have reduced a bit now...leaving some on the table tho coz AUD looks strong
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adding at these 1.990 levels
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reducing at these 1.21 levels
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