numerologyart

COT and price action supported bull move for next 6-12 month

CME:6A1!   Australian Dollar Futures
Last year we witnessed an attack on a low made in 2008 and it was successful, but price was not willing to go lower. Instead it turned around and started to brake structure bullishly.

Are we in a buy programme now?

By comparing chart data with COT data we see that long book is growing exponentially starting from end of june this year.

All this and weakness in Dollar index is making a nice stage for other currencies to rally!
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.