AUDUSD - Capped in 14 month negative trend - SELL
AUDUSD is capped in a 14 month negative trend
It has just reached resistance due to strong unemployment data, however RBA are possibly looking at an interest rate cut this year.
SELL down to 0.7070, stop loss above 0.7170
It has just reached resistance due to strong unemployment data, however RBA are possibly looking at an interest rate cut this year.
SELL down to 0.7070, stop loss above 0.7170
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.