Descending wedge
Mis à jour
This morning RBA hold interest rate.
That would mean major banks rate increase is as good as RBA raising rates itself.
The upward price movement post RBA announcement seems to complete a descending wedge.
A possible upward breakout.
That would mean major banks rate increase is as good as RBA raising rates itself.
The upward price movement post RBA announcement seems to complete a descending wedge.
A possible upward breakout.
Note
MNI: **CHINA OCT EXPORTS -3.6% Y/Y VS MEDIAN -3.7% Y/Y CHINA OCT IMPORTS -16.0% Y/Y VS MNI MEDIAN -15.8% Y/Y CHINA CUSTOMS GIVES EXPORT/IMPORT NUMBERS IN YUAN TERMS (news on 8/11). Looks like a gradual improvement of export from China. Will keep close on price movement of iron ore.Transaction en cours
Going SHORT after recent bounce from AUD job report.Trade fermée manuellement
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.