OK so here's my take.
Short term long
Medium term short
Long term long (pink arrow) - coincides with a deflation threat.
Longer term short - coincides with painful inflation, which to be honest is already happening, especially with food prices here in NZ!
Target wise, don't know for any of these move but the direction is what i'm thinking.
Short term long
Medium term short
Long term long (pink arrow) - coincides with a deflation threat.
Longer term short - coincides with painful inflation, which to be honest is already happening, especially with food prices here in NZ!
Target wise, don't know for any of these move but the direction is what i'm thinking.