AUD goes lower than 2008 recession, with a weak economy state, and recession fears this is justified. Just a comparison of the two points. Check out my other analysis of AUD which shows a larger falling wedge which will produce new highs in years to come. Linked.
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Disclaimer
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.