Long

AUDCAD - LONG; Longterm

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Here the upward sloping channel is indicative of the relative and ever increasing deterioration of the Royal Bank of Canada's balance sheet relative that of the Royal Bank of Australia's. - A significant and still increasing fiscal power versus new debt issuance capacity, advantage RBA. This unlikely to change anytime soon - i.e. for years if not more. Naturally this relationship remains entirely dependent on China's economic status, at any give time.

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Transaction en cours

LONG - Long term

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Target: 0.9650

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AUDCAD; This pair seems to be loosing steam.

Nemo_Confidat

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