MACRO :
- rate differential : Australia is now widely expected to be the last central bank to cut interest rates and may even hike if trimmed mean CPI comes in higher than 1.1%. Meanwhile, the USD is preparing for a September rate cut as the labour market is showing signs of cooling down.
FX :
- vast majority of retail traders are long on AUDUSD
Technical :
- clear inverse Head and Shoulder pattern.
Keep it simple!
- rate differential : Australia is now widely expected to be the last central bank to cut interest rates and may even hike if trimmed mean CPI comes in higher than 1.1%. Meanwhile, the USD is preparing for a September rate cut as the labour market is showing signs of cooling down.
FX :
- vast majority of retail traders are long on AUDUSD
Technical :
- clear inverse Head and Shoulder pattern.
Keep it simple!
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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.