AUD/USD Wants Some Action Too
December 5th, 2006 by Ian
EUR/USD and GBP/USD have been slaughtering the dollar recently, but we haven’t seen as much movement in the non-European currencies against the dollar. That may end soon. The width of the Bollinger Bands on the monthly chart are the lowest in over 10 years for the AUD/USD. The pair has tried and failed to break above .8000 three times since 1996. If it does it again, you may want to get your trading finger ready.
