Hi all, guess its now "risk off" now. Entry should be long aud/nzd at 1.0910 (SL 50pips) as per above posted screenshot. Only pity is I entered high risk account too hastily early. Target 1.107, 1.1150 . Cheers
Hi, because other AUD crosses have filled their IV gaps, that includes AUDUSD. Also its a counter "risk-off" measure trade as almost all currencies are in fundamentally weakening trend.
Yap, I'm tracking 21 currency crosses for any "Intrinsic Value" gaps. I'm tracking AUD, NZD, CAD, JPY, USD, EUR & GBP. Tell me if you wish to see IV charts for any particular pairs. Cheers and thanks! ALL CURRENCY FUNDAMENTAL STRENGTH "CHANGES" ...
Fundamentally, AUD looks better now (compared to other risk currencies like NZD & CAD) A "Strength Indicator" that I've constructed based on fundamental macro data. Also, fundamentally, it is showing long potential for AUDNZD.. my 2cents worth! ...