Johanes

JLS Trade: AUD Currency Band AUDCAD, AUDCHF, AUDJPY, AUDUSD

Long
Johanes Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUD Interest rate differential based-currency band price trends (from lower to upper ceiling). AUDNZD will follow after NZD currency band collectively at upper bands/ceilings.
Comment:
Interest rate differential based-currency band price trends only permit to trade from the lower ceilings to the upper ceilings of single tranche (not by multiple tranches)
Comment:
Note for Conditional Trading on Currency Band Price Trends:

NZD currency band's price trends must be in harmony with AUD currency band's price trends and must be in harmony with CAD currency band's price trends and must be in harmony with GBP currency band's price trends and must be in harmony with EUR currency band's price trends and must be in harmony with JPY currency band's price trends and must be in harmony with CHF currency band's price trends.

Unless they could be seen in harmony of all major and derivatives then the "charting" not applicable for currency band's charting, and or the technical charting not in proper time-frame and price arrangement.
Comment:
The upper band/ceiling for AUDUSD is 0.7350/0.7400 the baseline for AUD to be appreciated or depreciated by other currencies. Thus, AUD-pegged pairs may visit and to break their upper "daily technical charts" by their appreciation and depreciation by their interest rate differential but the AUDUSD shall be maintained not to break the 0.7350/0.7400.
Comment:
Currency Band Prices:

Lower to Upper Bands/Ceilings or Upper to Lower Bands/Ceilings

NZD-pegged pairs price trends must be equal to AUD-pegged pairs price trends and must be equal to CAD-pegged pairs price trends and must be equal to GBP-pegged pairs price trends and must be equal to EUR-pegged pairs price trends and must be equal to JPY-pegged pairs price trends and must be equal to CHF-pegged pairs price trends, THEN they are in target zone of the currency band.

Lower to Upper or Upper to Lower Ceilings of Interdays

NZD-pegged pairs price trends must be equal to AUD-pegged pairs price trends and must be equal to CAD-pegged pairs price trends and must be equal to GBP-pegged pairs price trends and must be equal to EUR-pegged pairs price trends and must be equal to JPY-pegged pairs price trends and must be equal to CHF-pegged pairs price trends, THEN they are in monthly bands/ceilings.

Unless their price trends not in harmony then "risk" is in the card. All those harmony are found interior the currency band/target zone.
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