On Dollar still strong as risk is subdued at the moment and there is chop this week so far. If dollar breaks 61.8 to the upside look for a major HS for a bigger move lower which could come next year, or it could be a continued new move higher to far out to tell.
If we break lower below 78.6 that 886 or 78.81 needs to hold on Daily for this next leg down not to occur.
Correlation on AUD/USD dollar index not that strong at the moment with either way but the corcoef is trending to the Direct side for both AUD/USD and Dollar index
If we break lower below 78.6 that 886 or 78.81 needs to hold on Daily for this next leg down not to occur.
Correlation on AUD/USD dollar index not that strong at the moment with either way but the corcoef is trending to the Direct side for both AUD/USD and Dollar index