AUD impact on trading rangesnder.

  1. 473 Posts.
    Hi Guys,

    Stating the obvious but as you have seen most bluechips which have majority of revenues in AUD have had a good run. TAB,TAH,Banks,MAY etc.
    This weakening of the USD is a major one off which will has the potential to have large impact on the game going forward.
    Your carefully thought out points of resistance and support could be effected by this event so trade carefully.
    Was considering LLC and FGL instalments but will wait until currency fluctuations sudside.

    Go MAY.

    Rob.
 
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