Hey tradomaniacs,
technically a great spot to sell AUD/USD but be cautious with the FED today!
If interest-rates are even higher than expected AUD/USD could get very volatile.
This is because the market might price-in a FED considered to be ahead the Curve in order to get
buffer for upcoming rate-cuts in case of a recession.
In this case we could see bulls in equities and so a struggeling AUD/USD.
What do you think?
technically a great spot to sell AUD/USD but be cautious with the FED today!
If interest-rates are even higher than expected AUD/USD could get very volatile.
This is because the market might price-in a FED considered to be ahead the Curve in order to get
buffer for upcoming rate-cuts in case of a recession.
In this case we could see bulls in equities and so a struggeling AUD/USD.
What do you think?