AUD unknown

hammer time

  1. 11,522 Posts.

    Stars aligning for a general sell across most markets. A/U targeting support at mid 4s, then possibly lower with E/U leading the way towards 128, for a 103.1, with now an outside chance of even lower. Overhead resistance, at a slight upward rise at 106.2 +.01/d needs to hold.

    Base metals and Oil to head down with A/U, Cu aiming for 350 if 388 resistance holds, and Texas at 50% of Feb rally for 103.3, then cascade thru further supports for a shot at mid Febs breakout pt at 100. Xjo targeting last Aug-Oct support at ~4060 if upside rally completes and thru strong support at 4140.

 
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