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YungFinance

WHY AUDUSD MIGHT BE A GOOD LONG-TERM SHORT

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
YungFinance  
FX:AUDUSD   Australian Dollar / U.S. Dollar
USD (US Dollar) TA potential LONG TER TERM short yungfinance lagging consolidation pairs fractalmarket curve ARCH recession money Technical Analysis markets
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usd-us-dollar ta potential long ter term short yungfinance lagging consolidation pairs fractalmarket curve arch recession money technicalanalysis markets
ALL CURRENCY PAIRS IN WHICH THE USD IS THE
DENOMINATOR HAVE BEEN FOLLOWING A SIMILAR
ARC SHAPE SINCE THE 2009 RECESSION.

AS WE CAN SEE HERE, JPYUSD, CADUSD HAVE REACHED
THEIR PREVIOUS SUPPORT AREAS. ONE CURRENCY
PAIR THAT HASNT REACHED ITS PREVIOUS LOW
IS THE AUDUSD. ALL MARKETS WORK TOGETHER,
THEREFORE I BELIEVE THIS PAIR IS LAGGING
COMPARED TO IS RELATIVES. AUDUSD COULD BE
A GOOD POTENTIAL SHORT IN THE LONG RUN
AFTER ITS CURRENT CONSOLIDATION.
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