It could be wedge developing There is similar picture in AUDCNY
If TYX breaks above recent High High was it 3.15 ??? or something like that? If it breaks it means there are two forces playing One Deflation in general economy Second - US Treasury bonds become RISKY!!! That's why TYX is going up FED will follow So there are two scarce commodities left on a table GOLD and BITCOIN watch them carefuly ... about Stochastic - I would not touch Gold before Bear Level on Stoch is broken - pink line
But why is AUD going up, up, up - have no idea!!! That move is corrective and it started in 1978 First UP later Down and after as HIGH as 1.5 USD for 1 Australian Dollar - Why??? Anyone can explain???
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.