Friday, October 22, 2010

AUD: Because of the numerous Longo, dominated by sales to strengthen

For the Australian week was troubled with two clear and sharp Closeouts Tuesday and Thursday, and a spectacular breakthrough in the environment. First time in several weeks, an Australian, it seems, will close a week in the red. As we had expected in recent days, trading strategy, which now can be accepted because of the numerous Longo, is on sale in the building than to buy during weakness. This suggests that the G20 meeting this weekend is not able to resolve the conflict between the U.S. currency, and China, therefore, the Australian dollar could again come under pressure next week.

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