A Series of Valuation Signals produced by our models on a range of AUD pairs show a potential downside move about to hit AUD/USD.
Our analysis shows Chinese Credit Default Swaps are the top driver negatively impacting AUDUSD, which have been uplifted by the recent Evergrande Crisis.
Since this macro driven signal emerged on October 2nd, 2x Hidden RSI Divergence Signals have appeared, with the spot value making lower highs while becoming further overbought.
Should there be further downside from China, AUDUSD looks to be the way to express it...
LOOK UP™
Our analysis shows Chinese Credit Default Swaps are the top driver negatively impacting AUDUSD, which have been uplifted by the recent Evergrande Crisis.
Since this macro driven signal emerged on October 2nd, 2x Hidden RSI Divergence Signals have appeared, with the spot value making lower highs while becoming further overbought.
Should there be further downside from China, AUDUSD looks to be the way to express it...
LOOK UP™
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