The AUD experienced new selling interest last week, predominantly driven by IMM flows. Our FX flow data points at banks, corporates, hedge funds and real money investors inflows.
AUD/USD’s fair value rose from 0.6376 to 0.6429 due to rises in the Australian-US rates & box yield spreads. AUD/USD is more than 1.5 standard deviations undervalued. The model has triggered a long AUD/USD trade with a stop-loss of -2.52% & a take-profit level of 0.6429.
AUD/USD’s fair value rose from 0.6376 to 0.6429 due to rises in the Australian-US rates & box yield spreads. AUD/USD is more than 1.5 standard deviations undervalued. The model has triggered a long AUD/USD trade with a stop-loss of -2.52% & a take-profit level of 0.6429.
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1. AccuTrade System:
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. We provide Free TradingView Premium and Essential Membership.
tradingview.com/v/yDFPnb1J/
2. Signal Performance:
thedailyfx.com/performance/
3. We provide Free TradingView Premium and Essential Membership.
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.