The AUD is showing major weakness while the USD is displaying equally major strength.
This is the pair with the highest indication of shorting.
Then today, we got a present in the form if an engulfing bar.
January 24th presented an engulfing bar.
This bar has a projection value of .69545 or (-.01385)
The daily ATR is ~.66 so it would be a little two days of uninterrupted movement.
Roughly Tuesday/Wednesday of next week.
This is the pair with the highest indication of shorting.
Then today, we got a present in the form if an engulfing bar.
January 24th presented an engulfing bar.
This bar has a projection value of .69545 or (-.01385)
The daily ATR is ~.66 so it would be a little two days of uninterrupted movement.
Roughly Tuesday/Wednesday of next week.
Note
Well, I point out the strongest/weakest pair on the planet. Within 2 hours they are sent in opposite directions killing all shorts. :/Banks....geez....
Good morning Citi! ;)
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.
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.