DislikedIf the rally continues, I expect AUDUSD to hit 1.03 and perhaps 1.04. From there a pullback should happen, but I dont expect much down force, since the $$ is being trashed due to QE2 and when that doesnt work, who knows we might have QE3, 4, etc? I guess the fed idea is: if it didn't work the first time, let's try a second, a third, a so on. Anyways how much is going to cost to print 6 billion $$? Probably a couple millions in paper and ink plus electricity and wages.
In future dictionaries you will find in the description of insanity a picture...Ignored
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Use me as a contrarian indicator
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