Sunday, March 18, 2007

AUD/USD - WEEKLY CHART
A HUGE BREAKOUT EXPECTED...



AUD/USD pair is about to ready break the huge psycological barrier of 0.8000 level. On the Weekly chart still within the Ascending Traingle. Here in this week i'm expecting a huge breakout from this pair. A break above the 0.7978 will test the resistence at 0.8008 (2003 high) and then at 0.8215 a December 96 high. Or might be we see some violent moments here before we see the 0.8000 levels.