In the coming days we should find out if the current wave is an impulse as shown bellow and hence if we could expect an unravel of carry trade in months to come.
Thursday, April 19, 2012
Is AUDUSD done?
One of the key components of the global markets - AUDUSD is showing some strange behaviour, that could translate into the full-blown panic in not so distant future.
In the coming days we should find out if the current wave is an impulse as shown bellow and hence if we could expect an unravel of carry trade in months to come.
In the coming days we should find out if the current wave is an impulse as shown bellow and hence if we could expect an unravel of carry trade in months to come.
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