Eyes on 0.75000 for the Australian Dollar
Good evening all.
As we near the completion of another fiscal year for the Australian Dollar, it is time to take a look at the Macro PA.
Here we have a clear dip and push to the upside, signaling to me a further rise in price as we push into summertime. 0.75000 is my next HTF target for the pari before a potential dump into 0.60000 and potentially lower if we are to continue this BEARISH trend for the instrument... eventually I anticipate a flip to happen with the pair once the US collapses under it's own demise... time will tell.
As we near the completion of another fiscal year for the Australian Dollar, it is time to take a look at the Macro PA.
Here we have a clear dip and push to the upside, signaling to me a further rise in price as we push into summertime. 0.75000 is my next HTF target for the pari before a potential dump into 0.60000 and potentially lower if we are to continue this BEARISH trend for the instrument... eventually I anticipate a flip to happen with the pair once the US collapses under it's own demise... time will tell.