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CSInvestment

Cycle is up for the Aussie. Cycle is up for silver.

Long
Australian Dollar / U.S. Dollar (FX_IDC:AUDUSD)  
CSInvestment  
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Gann Beyond Technical Analysis AUDUSD XAG USD ( Silver / US Dollar) XAUUSD miners australiandollar Cycles correlation
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trendanalysis gann beyondta audusd xagusd xauusd miners australiandollar cycles correlation
Check the related idea for USDRUB. It is a very similar story but the Australian dollar has an even stronger correlation to silver. Longer term cycle turned up in March. And now inside a topping medium term cycle there is a rising smaller cycle - which is up until mid April - same as silver. Upside price target is 0.85 for AUD. Remember futures trading involves a substantial risk of loss and is not suitable for all investors.

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