AUD 1.06 is the key pivot for the moonshot to 1.10 and beyond.
Real money players looking good as they are sapping up yield and now capital gain on ccy.
Speculative money isnt onboard..
Key signs were 3 bad days of bad Australian Data and it held firm and once China chucked in a fudge one it motored north.
Today being friday many will take their foot off the gas and 1.06 being crucial its a brave punter to believe its on before the weekend.
Also with USD/JPY move seeing some PT in AUD/JPY.
Good luck and happy hunting
Real money players looking good as they are sapping up yield and now capital gain on ccy.
Speculative money isnt onboard..
Key signs were 3 bad days of bad Australian Data and it held firm and once China chucked in a fudge one it motored north.
Today being friday many will take their foot off the gas and 1.06 being crucial its a brave punter to believe its on before the weekend.
Also with USD/JPY move seeing some PT in AUD/JPY.
Good luck and happy hunting