AUDUSD looking more bearish than bullish Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ 10 janv. 2018 00:58

Aussie going down in 2018 - Potential interest rate rises in US will depreciate the attractiveness of Aussie this year.

Technically looking more bearish than bullish
Overbought RSI
MA Crossover
Bearish wedge

Commentaire

⋅ 11 janv. 2018 00:40

Retail sales figure seem stronger than expected.. However, I still do not see Aussie going up much further..

Initial analysis still remains intact. Will follow this one closely and update later.

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