6A (AD) Aussie is getting stronger. 20MA crossed the 50MA - bull trend. Recently retraced to the 20MA. The trend up could resume soon. Pull back to 0.88-0.87 is possible and would be ideal to enter long otherwise I'll buy at trend-line breakout targeting 0.94 in one month time.
Testing the double window set-up
Comments
LEONES
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Hit the target on the AUSSIE - 0.94 in one month. Now in a range and likely to pullback
carrytrade
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CME has horrible data wow. We have no higher high yet. 9086 is the high to beat. Above there its big time longs.
Buy on weakness or on strength. Hold for 2-3 months.
LEONES
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The daily chart on the right is the June future contract. You are referring to the cont (continuos forward adjusted). Basically we are saying the same thing - we need to cross that high. I agree with you.