Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD Potential Reversal

313
Hi traders,

I am seeing in daily chart, AUDUSD touch the bearish trendline while in hourly chart, I am seeing the bearish divergence.

There is potential opportunity to short AUDUSD given fundamentally supported by lower than expectation for the Monthly CPI Indicator. This might also confirm that the pause of rate hike from RBA.

Thank you
Good luck!

Happy profit!
Trade active
Running
All the best!

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.