Fundamentally: growing monetary policy divergence between the Fed and RBA.
Technically: AUDUSD has broken the 2016 uptrend line.
A 38.2% correction from recent lows was to be expected, given the sheer pace of dollar strength.
The next leg is down to 0.70.
Perhaps the best trade going into 2017.
Technically: AUDUSD has broken the 2016 uptrend line.
A 38.2% correction from recent lows was to be expected, given the sheer pace of dollar strength.
The next leg is down to 0.70.
Perhaps the best trade going into 2017.
交易开始:
In progress. Target 0.70
评论:
Partial profit (30%) taken at 0.72
