I'm looking at 3 months daily. You'll note the uptrend channel. It is still oscilating within this trend channel (albeit right at the bottom). I expect somewhere around here it should reverse, but you could be right there could be anothe $1 or more to go before it does. If it does this then the uptrend will be broken.
And to the contrary: If I see a serious dump on the market, then I'll probably buy more.
I remain confident on the AUD, but long term. My position remains.
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David Keane, Co-Founder & CEO
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