AUDUSD PROLONGED TO 0.8300 FOR 15 % + 1 % MED TERM TARGET ZONE
AFTER EURUSD WIDENED TO 1.2000 AND WILL BE FOLLOWED BY THE AUDUSD TO PROLONG TO UPWARD BY VISITING 0.8300 FOR 15 % + 1 % WIDTH OF MEDIUM TERM EXCHANGE RATE TARGET ZONE AS THE MEDIUM TERM PRICE STABILITY LEVEL.
AT SUCH, AUDUSD WILL CONTINUE TO MOVE TO UPWARD BY VISITING THE 0.8300 FROM THE CURRENT RATE 0.7970. ANY PRESSURE TO DOWNWARD IS TEMPORARY.
THE CURRENT BALANCE FOR 330 PIPS NOT ATTRACTIVE TO TARGET AND PREFERABLE TO WAIT THE STERILIZATION AT 0.8300 BY THE RBA AND FED.
AT SUCH, AUDUSD WILL CONTINUE TO MOVE TO UPWARD BY VISITING THE 0.8300 FROM THE CURRENT RATE 0.7970. ANY PRESSURE TO DOWNWARD IS TEMPORARY.
THE CURRENT BALANCE FOR 330 PIPS NOT ATTRACTIVE TO TARGET AND PREFERABLE TO WAIT THE STERILIZATION AT 0.8300 BY THE RBA AND FED.
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