“If you would hit the mark, you must aim a little above it; every arrow that flies feels the attraction of earth.” – Henry Wadsworth Longfellow
Busy week ahead with US Mid-Terms Election, RBA, RBNZ and FOMC. As headline risk remains very high, the focus will be on how we close the week with respect to those 200DMAs and the 50Back retracements of the recent moves from the all time highs. Remember to keep an eye on USDCNH, and the weekly chop zones on DXY and therefore the Euro.
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Wishing you a great day ahead.