Descrizione
⋅ Has been taking some time this congestion
Commento
⋅ I have a sense that next week is critical for AUDUSD, oil, rates, and reflation overall.
Commento
⋅ Today AUD survived
Commento
⋅ Starting the week with some move
Commento
⋅ FED meeting today/tomorrow
Commento
⋅ Holding 0.74 so far with 2 consecutive hammer candles.
Commento
⋅ Bounces off what looks like a critical level and lets see whether can overcome 0.74
Commento
⋅ Movement here overnight
Commento
⋅ So just like oil breakdown was overextended, so recovering. No surprise given same underlying factor exposure
Commento
⋅ Closed just below the downtrend line. Critical time coming for the bullish case. Make or break
Commento
⋅ Net spec positioning barely long from massively long. Bullish
Commento
⋅ Good action today