Disliked{quote} If business as normal is a continuation in the bear move, you are in for a not so pleasant surprise (if you are short) No big sellers until we move back to 9300/9350 AUD has fallen 15% in 3 months. Selling here just makes no sense from a technical perspective. A move back to 9300 will be a massive sell.Ignored
The RBA addressed this saying Aussie dollar remains high even after 15% decline since April. I think in the near term it is a better choice to go with the policy makers.
“The chicken is only an egg’s way for making another egg.” R. Dawkins