AmiranAzaladze

Quite interesting technical analysis on AUD - USD

Kort
FX:AUDUSD   Australiensisk dollar/USA-dollar
Quite interesting situation on Australian - US dollar currency pier today. Last downtrend channel with T1;T2 trendlines is under pressure to cross T1. Also two important prices for next week, which where formatted during this trading week, resistance level L1 - 0.6809 and support L2 0.6738 . In case if price will cross T1 trendline the target will be L1 resistance. But fundamentally situation is quite complicated, next week is release of non-farm employment change, which will shake markets, also you need to know that Reserve Bank of Australia will publish their derision on Tuesday, we forecast rate cut with 25 basis point, from 1% to 0.75%, third time in this year. So price may drop to 0.6700

Amiran Azaladze
CEO at Saqs Investment
amiranazaladze@gmail.com
amiranazaladze.com
talkwithamiran.com
whats app: +995 593758310
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.