AUD/USD:Forecast Fundamental & Technical Analysis | Short...

Australian Retail Sales for August decreased 1.7% monthly. Economists predicted a decrease of 2.5% monthly. Forex traders can compare this to Australian Retail Sales for July, which decreased 2.7% monthly.

The US S&P/Case-Shiller Composite 20 for July is predicted to increase 1.70% monthly and 20.00% annualized. Forex traders can compare this to the US S&P/Case-Shiller Composite 20 for June, which increased 1.80% monthly and 19.10% annualized. US Consumer Confidence for September is predicted at 114.5. Forex traders can compare this to US Consumer Confidence for August, reported at 113.8

We are Bearish , for those who are late on this trade, they may have another entry opportunity by waiting for the Retest of the pattern illustrated in the analysis.

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