So there is nothing fancy with this instrument.
It's clear that we going to go short.
However further confirmation is necessary.
The reason being is that there has been recent strength in the Australian dollar.
How long will the bulls last?
At this point it looks clear that major investors are pulling out as we have reached an overbought market.
It's clear that we going to go short.
However further confirmation is necessary.
The reason being is that there has been recent strength in the Australian dollar.
How long will the bulls last?
At this point it looks clear that major investors are pulling out as we have reached an overbought market.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.