amazed at this volatility. trying a short from 101 area
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Disliked{quote} still wants higher, sits on resistance. This was good article today 'buy the dip, buy now'. Edit, this one I meant- https://www.energyandcapital.com/art...buying-/101500Ignored
DislikedWrong thread to post but a vintage short squeeze in post close wrap up happening with A200 atm. {image}Ignored
Disliked{quote} Australian pairs fast movers. I liked trading EA. I don't currently trade AU but had a look. Weekly indicates AU has touched resistance on the bearish trendline. This is level to watch for a rejection or break out. On daily we still have space up. Might take some time to see direction. Where do you stand with this? Daily and Weekly{image}{image}Ignored
Disliked{quote} Thanks Jolita, always good to hear from you. 1. 'Weekly indicates AU has touched resistance on the bearish trendline. This is level to watch for a rejection or break out.' >> I agree as per your chart. AUD/USD has been exceptionally strong and a retracement wouldn't surprise, neither would a break out upside. 2. I remain bullish, with interest rates rising Globally, and also favourable Australia employment data out earlier this week., both reinforcing the fact the AUD should remain a very strong currency, as recent buying impetus would indicate....Ignored
Disliked{quote} Good points In this case bigger probability for a reversal to a bullish trend. Levels to watch - {image}Ignored