Last week the Australian Dollar climbed into fresh multi-year highs against the US Dollar, with good news coming out from the AU jobs report. However, it has a rough road ahead. We expect the price to break the uptrend channel, sooner rather than later, and start a bigger corrective move to the downside before resuming the Weekly bullish trend.
Trade with care!
Financial Flagship
Disclaimer: The analysis provided is just informal and it should not be used as financial advice. You need a plan before you trade, but we assume this can help you have a better idea to where the market is heading next.
Trade with care!
Financial Flagship
Disclaimer: The analysis provided is just informal and it should not be used as financial advice. You need a plan before you trade, but we assume this can help you have a better idea to where the market is heading next.
Trade closed manually
We will update you next week. The price is ranging at the moment and the down move is still valid.
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.