#RBA Signed #AUD Deathwish. #AUDUSD
RBA decision to raise .25 last week, has shown how fragile Australia's housing market is.
Next major support I see is the .60, But I fully see a test of the lows of .50-.55 in reality Americas housing market is no where near as leveraged as Australia and if they're mostly fixed 30 year rates compared to ours that roll over in Feb 23.
US CPI report should be a good indicator if we see .5 or .75 rise.
Next major support I see is the .60, But I fully see a test of the lows of .50-.55 in reality Americas housing market is no where near as leveraged as Australia and if they're mostly fixed 30 year rates compared to ours that roll over in Feb 23.
US CPI report should be a good indicator if we see .5 or .75 rise.
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.