looks like glenn stevens jawboning the dollar down today, coming...

looks like glenn stevens jawboning the dollar down today, coming out at 1pm and saying rates are ok where they are(!). the GBP/AUD has been making a beautuful basing pattern and looks like its going to fill the large gap at 1.70 on Feb 28, while I cant help but thinking the AUD/USD has topped out and the last weeks action - which appear to be a breakout from a trendline from the all tim high in july 08 is - it in fact a fakout. time will tell i guess.