at this point we probably have a scenario where we are looking for buyers in this general vicinity, but it’s worth noting that there seems to be a lot of fear out there, and that could work against the Aussie over the longer term.
it will be interesting to see how this plays out. If we turn around and rally from here, it’s not until we break above the 0.6520 level that I would be bullish. At this point, it is still going to be a scenario where we are looking for some type of reason to celebrate, but we just don’t have it at the moment.
it will be interesting to see how this plays out. If we turn around and rally from here, it’s not until we break above the 0.6520 level that I would be bullish. At this point, it is still going to be a scenario where we are looking for some type of reason to celebrate, but we just don’t have it at the moment.