AUDUSD: reaching resistance zone
This pair is in a weekly downtrend from 0.976 in 2013 to recent 0.7185.
As price had tested 0.7185, touching the descending trend line and successfully retraced a little, signals that AUDUSD is still quite strong and might seek to test 0.718 again.
Keeping an eye on how this pair act near 0.718-0.72.
As for fundamental side, Fed Interest Rate Decision and FOMC Statement in this week would contribute huge to the price action. I would like to see a rebounce of US dollar with the news flow.
As price had tested 0.7185, touching the descending trend line and successfully retraced a little, signals that AUDUSD is still quite strong and might seek to test 0.718 again.
Keeping an eye on how this pair act near 0.718-0.72.
As for fundamental side, Fed Interest Rate Decision and FOMC Statement in this week would contribute huge to the price action. I would like to see a rebounce of US dollar with the news flow.
Not
price break down though 0.707 to confirm the downtrend
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.