Australian Dollar Q2 Fundamental Forecast: Long AUD/USD Downtrend May Be
Fading at Last
-
This article focuses on the fundamental outlook for the Australian dollar.
If you would like to learn more about technical forecast and price action
analys...
42 minutes ago
CW,
ReplyDeleteI guess some institutional funds are taking some money off the table ;)
Let's make a wild guess who is taking the opposite side of their sell downs?
We may be seeing H&S?
ReplyDeleteCW,
ReplyDeleteThe best thing about reading voodoo charts is that we see what we want to see ;)
All I see is higher highs and higher lows.
But if the price breaks below $19.30, all bets are off!
By the way, all I see is a "ladle".
LOL!
Vatsa,
ReplyDeleteNothing wrong at all as liquidity is always welcomed as it lowers the cost of transactions ;)
If there are no ones to take the opposite side of the trade, we would have a flash crash!