EURAUD: Expecting ECB to be more hawkish than RBA this week
Where the ECB is being hawkish on rate hikes and has room for manoeuvre, the RBA is trying to be hawkish, but has less room due to low consumer sentiment / general backlash due to the increasing costs due to interest rates - it also seems as though inflation may have peaked, we'll find out soon enough if it's stabilising...
In terms of price action, we look to have broken a descending dynamic trendline and we're retesting, I then expect a move up to 1.563 to test this resistance in the coming week.
In terms of price action, we look to have broken a descending dynamic trendline and we're retesting, I then expect a move up to 1.563 to test this resistance in the coming week.
Trade fermée: cible de profit atteinte
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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.