The Aussie dollar is undervalued and oversold, the bulls have been selling off on the rallies 2 early and only looking at technical analysis. With the increase in Ore, Gold and Lithium prices this should help the RBA reach its inflation and wage targets. RBNZ is expected to hold rates at 1.75 for 2019-20
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.