OZE$ breakout on Chin.Yuan: AUDCNH. Updates here.
https://www.tradingview.com/x/6CeDr8DY/
The AUD getting a good bounce from a very oversold AUDCNH.
Price has rally'd and has formed a Top2 on 1HR.
Look I think this is taking a bit of the wind out of the sails. I expect it to break-upwards again soon and it will short circuit this double top on 1hr.
My feeling is that the horse has bolted and this will breakout much bigger today across all sessions.
I will keep you updated as I am a full-time trader, holding positions for various times, but principally I am a day-trader with a swing trading strategy. It varies.
15m chart CHOCH
The AUD getting a good bounce from a very oversold AUDCNH.
Price has rally'd and has formed a Top2 on 1HR.
Look I think this is taking a bit of the wind out of the sails. I expect it to break-upwards again soon and it will short circuit this double top on 1hr.
My feeling is that the horse has bolted and this will breakout much bigger today across all sessions.
I will keep you updated as I am a full-time trader, holding positions for various times, but principally I am a day-trader with a swing trading strategy. It varies.
15m chart CHOCH
Transaction en cours
LONG AUDCHN:
Risk Assess First
Note
11:30 AUD Employment Change (Nov) 35.6K 26.0K 12.2K
11:30 AUD Full Employment Change (Nov) 52.6K 8.9K
11:30 AUD Participation Rate (Nov) 67.0% 67.1% 67.1%
11:30 AUD Unemployment Rate (Nov) 3.9% 4.2% 4.1%
These figures came in very recently, about 20 minutes ago. Favourable for AUD. Smart-Leaky_bigbank_money. However, price would've moved first anyhow given how thumped down oversold AUD has become.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.