End of month, divergence, brexit
So with end of month & Brexit deadline approaching upon us, we turn our attention to the monthly chart. And interestingly we see an uptrend divergence forming on the MACD indicator & price bars
Can we expect the brexit saga, (whatever the results) be the trigger to deflect the AUD north? Interestingly, Oct/Nov 2008 period was also the
end of the GFC crisis and the beginning of an uptrend.
We have the last 3 bars on a major support. Should this hold, expect an uptrend.
Challenging time ahead!!
Can we expect the brexit saga, (whatever the results) be the trigger to deflect the AUD north? Interestingly, Oct/Nov 2008 period was also the
end of the GFC crisis and the beginning of an uptrend.
We have the last 3 bars on a major support. Should this hold, expect an uptrend.
Challenging time ahead!!
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