Friday, February 02, 2007

AUD - TRADE BALANCE

Aussie Trade balance came in below expectation at -1.34B against the -950M. See the chart and what the nes has done to AUD/USD. And there was no moment in AUD/NZD after the Trade Balance news. And then we saw a 49 pips weak against EUR. AUD still trading weak against USD, EUR and NZD.
EUR/AUD - 30 MIN CHART, THE ACTION AFTER TRADE BALANCE FROM AUD.




AUD/USD - 30 MIN CHART, THE ACTION AFTER TRADE BALANCE FROM AUD.

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