OANDA:XAUXAG Short at the moment and would like to discuss with other traders who trade this ratio.
That candle (graveston doji) is indicative to me of a top and small pullback. If the week opens lower and continues I would expect a downside play to the .99692 area. The indicators ae also overstretched.
EURSEK - rallying a little - short for trade on daily to 9.1050
Any thoughts on seeing 97.5 over the coming months. RBA still talking about possibly one rate cut. If theres more bad data out it still might force the AUDNZD to parity and a touch below. This recent bounce in the AUDNZD might also not be sustained. I know some of the guys been thinking its bottomed out and there might be some higher levels reached, 1.08 and...
AUDNZD is heading in a long term direction to .975/area ..