AUDUSD Lower
I like trying an AUDUSD short here.
from a technical perspective i think we could break this support we've had for a week or so which could cause a strong move lower as we hit stops. We've also rejected the move higher from the hawkish RBA which i think signals that the market is focused on other things - this could be that risk sentiment is likely to continue falling on the back of global tightening.
correlations are moving lower including the au200, copper, iron etc.
not trading/investment advise, feedback welcome!
from a technical perspective i think we could break this support we've had for a week or so which could cause a strong move lower as we hit stops. We've also rejected the move higher from the hawkish RBA which i think signals that the market is focused on other things - this could be that risk sentiment is likely to continue falling on the back of global tightening.
correlations are moving lower including the au200, copper, iron etc.
not trading/investment advise, feedback welcome!
Note
taking this out here around 1 RR
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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.