ridethepig | Aussie for the Yearly Close
📌 AUD for the Yearly Close
It seems a good choice of the moment to also progress with the Commodity Currencies next, the characteristic of the next macro themes are going to be coming from shortages on supply side and we can dissect how to configure that into currencies and in accordance with the previous diagrams.
AUD has freed some space above for the coming months and quarters, the 0.813x initial target is interesting to note how the opportunity for capitulation of sellers arises, the breach will unlock the 'inverse' of a waterfall concept that we are now discussing in USD;
With enormous complications for commodities coming, after a few more mistakes from politicians, AUD will be one of the main winners in the moves. In the next flows, 0.950x and 1.097x are clear extensions but until we can crack through the 0.813x soft resistance are only considered skeletons in the closet for now.
Thanks as usual for keeping the feedback coming 👍or 👎
It seems a good choice of the moment to also progress with the Commodity Currencies next, the characteristic of the next macro themes are going to be coming from shortages on supply side and we can dissect how to configure that into currencies and in accordance with the previous diagrams.
AUD has freed some space above for the coming months and quarters, the 0.813x initial target is interesting to note how the opportunity for capitulation of sellers arises, the breach will unlock the 'inverse' of a waterfall concept that we are now discussing in USD;
With enormous complications for commodities coming, after a few more mistakes from politicians, AUD will be one of the main winners in the moves. In the next flows, 0.950x and 1.097x are clear extensions but until we can crack through the 0.813x soft resistance are only considered skeletons in the closet for now.
Thanks as usual for keeping the feedback coming 👍or 👎
