Aussie Dollar - Worst is over or is there still more PAIN?

After a drop of 40% in the last 13 weeks against the US Dollar has the Aussie Dollar finally caught its breath back? I for one hope it has because it can be a great currency to buy when things are going well for it (CANT THEY ALL!).

If we have a look at the Aud.Usd 4hr chart above we can see that prices are getting close to the 60 period sma which is step one of our 3 Duck's Trading System set-up. If prices do cross above the sma on the 4hr chart in the coming days I will be looking for buying oppertunities while following all the steps in the 3 Duck's System.

Good Luck.