Going long the ASX 200? – queue the Loonie versus Aussie

When the CAD/AUD is overbought (along with a couple other metrics), the ASX 200 Index (the orange line) seems to extend the rally, advance or upward trend it is already in.

The study below shows the 12 notable moments over the past 30 years, when that occurred.

September 15, 2023

by Rob Zdravevski

rob@karriasset.com.au