The Increase in Divergence between AUD and Iron Ore

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
It might help to view it on a chart, but we can see that the Australian Dollar             is overvalued (also by the technical indicator CCI ) relative to the price of Iron ore which it has generally oscillated around in the past. A drop down to 0.70 should be expected according to most analysts and the RBA.
Based on Market Profile (volumes) and Price Action there is very strong swing support at 0.7246. There was about 2 week rotation where the big players accumulated their long trades and then moved the price agressively higher. You Can see this strong trading activity even on yearly volume profile!
If the price comes back to 0.7246 I think that the agressive buyers will come again and push the price higher once more.
Here is my analysis:
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