Aussie positioning ahead of Governors Speech Westpac CC
The Aussie has been on a torrid bull run benefiting from commodity strength and anticipation of reopening of its borders. Trading above its 200-day MA, with any Hawkish comments from Lowe and his counterpart and any improvement in Westpac CC the bulls will take control again. Techonomic Trading Strategies 90% Technical Analysis 10% Fundamental Analysis
Note
Lowes speech is sounding Dovish. Waiting for the Globe-X to open.Note
Lowes wait and see stance is neutral/HawkishNote
no real help for Gov. Lowe edging more hawkish or at least less dovish.Note
Aussie trade starting to get traction.Note
closed position as the Aussie struggles to advance. Challenging a 15-minute support line on a up channel.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.