rolledup
Long

EURAUD one more leg up towards 1.50

FX:EURAUD   Euro Fx/Australian Dollar
28 5 1
Could history repeat itself? Greece headline could make or break everything here though.
Do you think that is Greece will stay in the UE, AUD$ will go down to 1.38/1.40 again?
Reply
rolledup andrewcountry
I think the impact of a positive outcome would last 2 weeks at most. The impact of a negative outcome will have much more uncertainty, depending on how bad it is.
Reply
With "positive outcome" you mean that AUD will go down to 1.38/1.4 compare to EUR?
Reply
rolledup andrewcountry
My bearish projection going forwards comes from the fact that we are still in a corrective phase after the 2012-14 rally. The recent rally doesn't look like impulsive. This bias has nothing to do with the Greece drama.
Reply
if Greece, not "is Greece"... sorry
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本