LONG on 30 Mins
Although the employment data released today morning is outstanding, WESTPAC still forecasts RBA will cut the rate in this August and November. It makes Aussie dropped over 60 pips after the data. Aussie is still weak in G10 currencies. It has strong support at 1.5820, it's likely to rise after forming the 3rd triangle.
The target is 1.5930.
Turning point: 1.5820.
Above 1.5820, bullish , target price is 1.5900,then 1.5930.
Under 1.5820, bearish , target price is 1.5785, then 1.5750.
Even if we can't rule out the possibility of continuous adjustment, its time should be limited.
The target is 1.5930.
Turning point: 1.5820.
Above 1.5820, bullish , target price is 1.5900,then 1.5930.
Under 1.5820, bearish , target price is 1.5785, then 1.5750.
Even if we can't rule out the possibility of continuous adjustment, its time should be limited.
Note
The influence of WESTPAC's report is huge and creepy.Note
Fortunately, the target is reached.
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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.