AUDUSD - WEEKLY broke 50 week EMA (tho week not ended), Over 0.75c, heading to 76. Might conceivably break long lasting monthly down trend
First US Wholesale Inventories:
Commentary from ZH:
Wholesale Inventories Rise And Sales Tumble Sending Ratio To "Recession Imminent" Cycle Highs
http://www.zerohedge.com/news/2016-...mble-sending-ratio-recession-imminent-cycle-h
AUDUD - WEEKLY:
Recall AUD was at 0.6823 Jan 20 - a HUGE spike.....
Up 3.0419% YTD. Extraordinary.
This too will pass.
