theworkingtrader.com
Momentary policy still favors AUD appreciation over NZD
theworkingtrader.com
Monetary policy divergence between Australia and NZ make AUDNZD an attractive trade to the long side
theworkingtrader.com
Looking for CPI from UK to help accelerate the sell off.
theworkingtrader.com
With have decent US NFP and avg earnings and somewhat dovish BOE meeting minutes / MPC vote expectations. We could see an over reaction. We will let price action guide.
With the RBA statement changing AUD sentiment in the medium term. We could see a major relief rally combined with continous CHF weakness to fuel AUDCHF higher
Both Technicals and Fundamentals show pair is ready for massive move down. This is on a weekly time frame. So the 10 pip bandits most likely won't have the patience to capture it. This will be for the swing traders.
theworkingtrader.com
theworkingtrader.com
This week have a lot of AUD data. Direction will be very clear after the week is over!