This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
.
The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
If AUD were to move down, where do you think it would go? Near the bottom trendline of the andrew's pitchfork?
ReplyDeleteHard to say ..maybe test the October lows ? Look at a measured move of the Oct-Nov decline,also check the projection from the double top
ReplyDeleteWill do, thanks for your great charts CR!
ReplyDeleteThanks RS. I might be more inclined to set a time target.Jan 27-28 looks interesting,as 3 and 6 months from major highs.
ReplyDelete