AUD Still Strong Until Fed, BoJ, SNB & ECB to end Sterilization

The AUD will still to be strong in the market until the Fed, BoJ, SNB and ECB to end the sterilization for financial stability. At such, AUDUSD, AUDJPY, AUDCHF, AUDEUR, AUDGBP, AUDCAD will continue to bullish until they reach their central rate at the upper ceiling.

The AUDNZD however could be bullish and bearish in parallel to and or against them due to the NZD also strong in the market. Similar price will be seen on AUDCAD after AUDCAD to reach the upper ceiling, thus AUDNZD already bearish/flat and AUDCAD to follow. As long as the Fed and BoJ still on sterilization, the AUDUSD, AUDJPY, AUDCHF, AUDEUR and AUDGBP will continue to rally despite the AUDNZD and AUDCAD to bearish/flat.