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Australian Dollar Technical Outlook

Thursday, 18 June 2009 14:05:52 GMT | Jamie Saettele, Senior Currency Strategist

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Thursday, 06 August 2009 14:10:39 GMT Australian Dollar Technical Outlook
Wednesday, 05 August 2009 14:24:47 GMT Australian Dollar Technical Outlook
Friday, 31 July 2009 14:58:18 GMT Australian Dollar Technical Outlook
Thursday, 30 July 2009 14:11:35 GMT Australian Dollar Technical Outlook
Wednesday, 29 July 2009 15:01:13 GMT Australian Dollar Technical Outlook
Tuesday, 28 July 2009 14:20:37 GMT Australian Dollar Technical Outlook
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Wednesday, 22 July 2009 14:18:12 GMT Australian Dollar Technical Outlook
Tuesday, 21 July 2009 14:17:41 GMT Australian Dollar Technical Outlook

The AUDUSD count shown above is similar to the GBPUSD in that wave v of C may be truncated. The rally from .7823 is in 5 waves but failed to exceed .8269. Usually, this would signal that an entirely new bull cycle is underway. But given the extension of the rallies from .6245 and .6986, this scenario is not probable.

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