Quarterly chart of AUD/USD. Looks like it has formed a massive multi decade head and shoulders formation. Price target of .50 over the next 24 months or so.
Side note - All of the de-Dollarization doom narratives being parroted over the last few months should be viewed as a massive contrarian indicator. It's unlike anything I have ever seen. Time to get long USD for the medium to long term
Side note - All of the de-Dollarization doom narratives being parroted over the last few months should be viewed as a massive contrarian indicator. It's unlike anything I have ever seen. Time to get long USD for the medium to long term