Aussie Disconnecting With Economy in 5% Plunge: Market Reversal

Australia’s growing economy will put a floor under the nation’s currency, sparking a rebound from its steepest decline in a year, trading patterns suggest. The Australian dollar’s 4.6 percent slide this month cut its 14-day relative strength index to 25, breaching the 30 threshold that signals a …

View original here: 
Aussie Disconnecting With Economy in 5% Plunge: Market Reversal