ridethepig | AUDNZD Finding A Floor?
Here AUDNZD would be worth thinking about increasing long exposure in order to follow up the coming RBNZ intervention / AUD outperformance leg. However, this plan to attack the highs is currently impossible, because AUD markets are still pricing a move from RBA in Feb. The correct manoeuvre, despite all counters will come from the AUD side:
NZD is well blockaded in the 2020 map:
AUD on the other hand has catching up to do:
I often consider the lows as the stem game for my new philosophy in the swing. As can be viewed here, bears are constantly trying to force its opponent to surrender the lows. This sort of tendency, which toys with the idea of what is happening is cooking what I call a surprise strategy. The move will come from AUD data overshooting and taking RBA off Feb off the table, this will close the cycle in monetary policy and mark the official transition into the next chapter of economics.
We are trading the second leg in the swing:
GL all those in AUDNZD, thanks as usual for keeping the likes and comments rolling in. Feel free to post your charts and ideas in the comments.
NZD is well blockaded in the 2020 map:
AUD on the other hand has catching up to do:
I often consider the lows as the stem game for my new philosophy in the swing. As can be viewed here, bears are constantly trying to force its opponent to surrender the lows. This sort of tendency, which toys with the idea of what is happening is cooking what I call a surprise strategy. The move will come from AUD data overshooting and taking RBA off Feb off the table, this will close the cycle in monetary policy and mark the official transition into the next chapter of economics.
We are trading the second leg in the swing:
GL all those in AUDNZD, thanks as usual for keeping the likes and comments rolling in. Feel free to post your charts and ideas in the comments.
Komen:
Strong retail sales from AUD.
Komen:
Updating the range chart here:
