difficulties before final leg up

FX:AUDUSD   Australian Dollar/U.S. Dollar
580 4 1
fast fisher is below zero & time has come for finishing Zig Zag . slow fisher will move up to create a divergence for sure short signal . positive divergence on Macd
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Aussie recovery scenario
not sure about this one, the AUD seems just trending lower here
Sustained interest from global central banks to prevent the Australian dollar efforts of the Reserve Bank of Australia to curb power of the national currency . Westpac Banking Corp., The second largest underwriter of bonds of the country , said that the number of central banks that allocate their funds in Australian currency and assets denominated in it tripled to 60 in the last three years . Central banks bought more than a quarter of the 2033 Australian government bonds offered to investors last week, a spokesman for the country on November 20. The Central Bank of South Africa this month joined his colleagues , stating that he would like to add the Australian currency in its reserves .Documents published in February , showed the RBA estimated that about 34 central banks of the world had the Australian dollar in its gold and foreign exchange reserves. Among them - China, France , Germany , India , Slovakia and Slovenia . Australian bonds are among the most high-yielding securities the major developed economies of the world . 10-year government bonds yield 4.30 percent in income annually. Similar U.S. Treasuries bring 2.76 percent per annum .
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