The $A has started to find some support as bond yields have reversed their 2022 gains on hopes that we won’t be entering a deep and painful recession, obviously, time will tell on this front but as we challenge the 70c area the markets slowly feeling like a coin toss and if our call for copper is correct the likelihood is the $A will have one more dip on the downside before offering a great buying opportunity.
MM is still looking for the $A to bounce towards the 71-2c area – close now
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