It seems a lot of us are looking for AUDUSD to drop to the .84's.. well we do too.
But I do not see this happening this year. Historically AUD has been the chosen currency that traders buy at the end of the year. I would like to see this pair rise to .88750 - .90823. From there we would take a position short with little to no risk of this going long.
But I do not see this happening this year. Historically AUD has been the chosen currency that traders buy at the end of the year. I would like to see this pair rise to .88750 - .90823. From there we would take a position short with little to no risk of this going long.