AUD/USD Multi decade head and shoulders formation
Quarterly chart of AUD/USD. Looks like it has formed a massive multi decade head and shoulders formation. Price target of .50 over the next 24 months or so.
Side note - All of the de-Dollarization doom narratives being parroted over the last few months should be viewed as a massive contrarian indicator. It's unlike anything I have ever seen. Time to get long USD for the medium to long term
Side note - All of the de-Dollarization doom narratives being parroted over the last few months should be viewed as a massive contrarian indicator. It's unlike anything I have ever seen. Time to get long USD for the medium to long term
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.