AUDUSD PERFORMANCE AND OUTLOOK (SHORT & MEDIUM TERMS)
Based on:
1. AUD Managed Float/USD Independent Float
2. S-Curve Currency Band
3. U-Shape Currency Band
4. U-Shape Time Series Currency Band
5. Central Banking Market Sterilization (AUD by RBA)
6. Central Parity Possible Alignment 0.7449 to 0.7600
The sterilization may be limit to 0.7600 from the previous 0.7449 with central parity alignment to upward. Short near to close and long near to enter.
1. AUD Managed Float/USD Independent Float
2. S-Curve Currency Band
3. U-Shape Currency Band
4. U-Shape Time Series Currency Band
5. Central Banking Market Sterilization (AUD by RBA)
6. Central Parity Possible Alignment 0.7449 to 0.7600
The sterilization may be limit to 0.7600 from the previous 0.7449 with central parity alignment to upward. Short near to close and long near to enter.
Comment:
The outlook for 0.7449 is uncertain, could be broken by the pressure from AUDCHF, AUDJPY and other AUD-pegged pairs.