Saturday, June 16, 2007

Bull Flag On The Australian Dollar



Two weeks ago I bought the breakout of the weekly bull flag which I outlined in blue. Now the Aussie dollar is forming a smaller daily bull flag. This could be another potential place to get long if the Aussie dollar can move above 84.25.

1 comment:

kk said...

Hi Kevin,

Do you have any thoughts in USD/CHF? I think it is going higher until it reach the high of 1.325. It is much appreciated if you could share a little bit of your sharing. Thx!