Bloody weeks ahead

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Bloody weeks aheadAUD/USDTASTYFX:AUDUSDpragmatiq AUDUSD EURAUD U.S. officials have suggested that if fighting with Iran ramps up, the main phase could last around 4–6 weeks. But that kind of timeline is more of a rough estimate than a promise, since things can change fast once both sides start trading blows. Even a “short” war can spiral if the conflict spreads beyond Iran. So the projection is really just an early guess, not a guarantee. The weekly chart is breaking down with .6600 as support. Given oil prices are due to rise and possibly double if the war progresses, we can expect safe haven moves into dollars temporarily. For the next month I am looking for short opportunities with pairs like AUDUSD and looking for buys on EURAUD as money flows out of risky Aussie into safer Euros.