DislikedNicely put sky when fundies are on your side it is good to let trades run. If you check the weekly/monthly AUD and NZD ranges there is potentially a lot of pips to be made, but as you said when price is approaching S&R levels on the higher TF's be careful, either TP, tighten your stops or leave enough room (if you have the testicular fortitude) for price to retrace against you before it continues again. Another small piece of fundies on the side of the weakening AUD is seasonality...Ignored
thanks for the paper on seasonality. this one goes into more depth.
" It may mean something. It may mean nothing at all "