Unfortunately the western world is collapsing from corruption and too much debt creation from its insidious leaders. Its finished. It just need to play out. War is going to expand. One thing should probably be considered and that is that the Americans are gearing up for war with China and considering Australia is a front line US Asset then how likely is it that China will continue to buy Aussi exports. Not likely from what I can see.
Interestingly Europe has become the new Africa as the Americans harvest European assets with things like the American destruction of the Nord Stream Pipeline forcing Europeans to buy American fossil fuels for much higher prices and forcing Europe away from doing business with Russia amongst other things.
Unfortunately too many people are brainwashed with the lies, gibberish, propaganda and fearmongering emanating from the globalist run MSM. They refuse to do their own research and investigation and prefer to be brainwashed to their own detriment.
A daily on WAF below with the big drop taking it below its previous heavily consolidated area to the far left of the chart. The gap close is $1.345 so this should probably be expected. Main resistance at $1.36 to $1.40 or so.
No word yet on the Iranian situation which may well be what the markets are waiting for. We shall see.
A weekly with a big break down through weekly support so getting back above the support area is the name of the game.
Here's a monthly indicating that WAF isn't immune to big tree shakes.
(20min delay)