Dislikedwelcome to the world of Fundamentals.... Aud will follow suit soon enough if not today tomorrow or some time soon .... Fundamentals cannot lag behind forever, its my view but if u actually note it, there was a rejection of the PA at critical level and once the previous high was not breached sellers steamed in. This is exactly the reason why u cannot time your shorts at higher level it could have got rejected at 1.3080/90/100-140... lets see what follows suit...Ignored
maybe that was just a news driven move?
also, there is no such thing as "rejection". price can not be rejected. there is always more buyers than sellers or more sellers than buyers.
we are very good at explaining things AFTER EVERYTHING TAKES PLACE. if it went up, we would definitely find million reasons why it went up. there is something very important we do not pay attention to. therefore, guys, most of us are losers.
As Above, So Below