Friday, February 29, 2008

Citibank buying Australaia Dollars and Targeting $1 against the Us Dollar

Citibank buying Australaia Dollars and Targeting $1 against the Us Dollar
Citibank was out recommending buying AUDUSD yesterday for a move to 1,00 – Citibank keep a stop loss at 0,9285 as that will signal a end of the current move up but believe that the trade should do well mainly because the commodity markets are powering ahead and on continued USD weakness. AUDUSD is currently trading at 0,9475.

1 comment:

moonar said...

Thanks for sharing, I will bookmark and be back again



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