DailyFX: Weekly Report – Aussie Cuts Two Month Plummet Short

November 18, 2005 by Trader Rich 

Bearish sentiment in the Australian dollar may have come to an end lastweek after the single currency slowly made a turn off of its one yearlow 0.7261 set on Monday.  Price action this week will either confirmor invalidate the turnaround that seems to be in store for the Aussieafter starting its unencumbered drop in early September.   
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