AUD - Long Term Market Barometer Outlook
Hi guys, if you've been trading the AUD roller coaster, then you've probably got a few new gray hairs, lol... The AUD has been on a wild tare ranging from the extreme lows to extreme highs and it is not finished. Unfortunately, we are currently sitting in the middle of the range, so no clear bias. Since we recently hit an extreme high, my prediction is continued lows. The recent move from the 80 level is well consolidated, so it should continue to grid/bounce lower. We'll see.
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