AUDUSD Price Adjustment Limit to 0.7275 (Previous Estd 0.7300)
The AUDUSD price adjustment limited to 0.7275 and below the estimated 0.7300. The U-shape band indicates for AUDUSD to turn to downward in medium term and AUD price dynamics to G-8 currencies are weaker. The AUDUSD estimated to bearish down to 0.5700 in medium term to place the short trade to be very prospective to target by medium term, short term, monthly term, weekly term and intraday term.
The AUDJPY also bearish as well as AUDCHF in medium term. The GBPAUD and EURAUD bullish in medium term. The AUDCAD is bearish in medium term until the USDCAD to reach 1.3000 and thereafter bullish. The AUDNZD directional price trend likely flat until the bearish differential of the AUDUSD and NZDUSD to be wider.
The AUDJPY also bearish as well as AUDCHF in medium term. The GBPAUD and EURAUD bullish in medium term. The AUDCAD is bearish in medium term until the USDCAD to reach 1.3000 and thereafter bullish. The AUDNZD directional price trend likely flat until the bearish differential of the AUDUSD and NZDUSD to be wider.
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