I don't see any reason why AUD will be kept well bid unless US data starts to disappoint heading into December. Price action the day after last weeks employment data said a million words.
The rally today was most likely down to the large options expiry.
Techs
- 100MA has been acting as good resistance.
- Falling trend line yet to be broken.
The rally today was most likely down to the large options expiry.
Techs
- 100MA has been acting as good resistance.
- Falling trend line yet to be broken.
Note
TG1 HitNote
Trade closed at TG1 - Market jitters after FOMC statement.Trade closed: target reached
Related publications
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.
Related publications
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.