Tuesday, January 17, 2017

AUD – Timing The Next Entry


GBL: FX Insight



AUD – Timing The Next Entry
by Saktiandi Supaat


FX Research





The USD is dominant this year and so one has to properly time the entry into a long AUDUSD trade. We see a potential inverted head and shoulders formation that could suggest an opportunity to buy at 0.73. We look to buy AUDJPY on dips as well for a target of 95. Against the SGD, we are also still bearish, we look for the AUDSGD towards the 1.10/12-region...

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