It's impossible to make predictions.
We can rely on forecast but it's better don't trust them too much, this morning German ZEW was expected slightly positive instead it came out much stronger, RBA minutes were dovish and AUD at first hit by this news now is surging. This commodity currency week make them extra volatile and timing becomes the key.
For example, I wasn't quite ready to pick up the sudden reversal on AC.
We can rely on forecast but it's better don't trust them too much, this morning German ZEW was expected slightly positive instead it came out much stronger, RBA minutes were dovish and AUD at first hit by this news now is surging. This commodity currency week make them extra volatile and timing becomes the key.
For example, I wasn't quite ready to pick up the sudden reversal on AC.
Porta itineris dicitur longissima esse
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