AUD exposed vs 3 major global currencies. Monthly.
It will end in the range box. The breakdown is valid. Retest is missing and is likely to occur next.
Prior DM breakdown projection from the innermost shadow sends AUD into the range box.
Top Absolute Correlation
1 AUDUSD - AUDCHF 93.3%
2 AUDUSD - AUDSGD 92.7%
3 AUDUSD - NZDUSD 92.1%
4 AUDUSD - USDNOK -90.9%
5 AUDUSD - AUDCAD 89.0%
6 AUDUSD - AUDJPY 88.3%
7 AUDUSD - USDSEK -88.2%
8 AUDUSD - EURHUF -87.5%
9 AUDUSD - USDHUF -86.4%
10 AUDUSD - XAUAUD -84.4%
It will end in the range box. The breakdown is valid. Retest is missing and is likely to occur next.
Prior DM breakdown projection from the innermost shadow sends AUD into the range box.
Top Absolute Correlation
1 AUDUSD - AUDCHF 93.3%
2 AUDUSD - AUDSGD 92.7%
3 AUDUSD - NZDUSD 92.1%
4 AUDUSD - USDNOK -90.9%
5 AUDUSD - AUDCAD 89.0%
6 AUDUSD - AUDJPY 88.3%
7 AUDUSD - USDSEK -88.2%
8 AUDUSD - EURHUF -87.5%
9 AUDUSD - USDHUF -86.4%
10 AUDUSD - XAUAUD -84.4%