Skip navigation

The Daily Chart; shows strong support for the AUD, the trendline has broken through the cloud and is reversing the cloud’s declining outlook to a rising outlook.

You will recall that our breakeven is 1.0365 and the current spot of 1.0446, gives us a decent 81bps, I think we will hold this position.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: