Just thought I would start a discussion about the aussie versus usd. I don't know anything about the technical analysis of this, but it seems the aussie is quite the currency. From what I understand it is a commodity based currency as lot of the resources in Australia are sold off to china. I talked to a few entrepreneurs in Australia who say that among Australians it is believed that the USD dollar will be worth 70% less than the AUD by the end of the year.
So, leave your thoughts, opinions, and if you do technical analysis or know of any trading robots for AUD/USD please share...
Happy trading :-)