looks like the AUD is oversold.
it has reached fibonacci support level 61%
which is strong.
coincdiently the RBA meets tomorrow to bump
up rates to chase the fed. now the central planners
are in a competition to out do each other
on the upside. the Fed is raising rates which is
causing inflation in other countries.
if the others dont follow their currencies will die.
thank you.
so expect a bounce in theAUD to hit 66...maybe.
who knows
it has reached fibonacci support level 61%
which is strong.
coincdiently the RBA meets tomorrow to bump
up rates to chase the fed. now the central planners
are in a competition to out do each other
on the upside. the Fed is raising rates which is
causing inflation in other countries.
if the others dont follow their currencies will die.
thank you.
so expect a bounce in theAUD to hit 66...maybe.
who knows