-- audusd --
If some is wondering what's going on on audusd, let's try to make some light.
Aud is the only currency that did not depreciated against the dollar yesterday and in part today, dips get bought, supports get ignored, the aud market right now is not really a technical one, at least recently.
As for what does this mean in terms of trading, i don't know, probably we are heading again to the highs of the week/month, or probably this aud superstrenght will vanish with a sane selloff.
Whatever happen, the medium-term picture remain unaffected from the current confusion.
Pretty curious situation!
If some is wondering what's going on on audusd, let's try to make some light.
Aud is the only currency that did not depreciated against the dollar yesterday and in part today, dips get bought, supports get ignored, the aud market right now is not really a technical one, at least recently.
As for what does this mean in terms of trading, i don't know, probably we are heading again to the highs of the week/month, or probably this aud superstrenght will vanish with a sane selloff.
Whatever happen, the medium-term picture remain unaffected from the current confusion.
Pretty curious situation!