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<DIV><FONT color=#000000 size=2>I think I might take some positions based on
the 'fundamentals' in SJ's post!</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Seriously, is there any one with any thoughts
on the $AUD? In the meantime I think I'll just go longboarding and papertrade,
at least I'll feel good!!</FONT></DIV></BLOCKQUOTE>
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<DIV><FONT face=Arial size=2>G'day Roy</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Aussie Dollar has been in an uptrend for some time
now, and until proven otherwise, pullbacks to the top of the trading range or
any tests of recent swing high/lows or moving averages should be viewed as
buying opportunities.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>This does not seem to be a swing trading type
of environment for this currency. That ended with the trading range
(6545-6055) on the chart.</FONT></DIV>
<DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>That is how I have been trading it - actually -
just "buying and hold" it since the second arrow on the chart, and continue to
do so.</FONT></DIV>
<DIV> </DIV></DIV>
<DIV><FONT face=Arial size=2>Regards</FONT></DIV>
<DIV><FONT face=Arial size=2>Gitanshu</FONT></DIV></BODY></HTML>
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