pragmatiq

pragmatiq Updated 

The Australian fundamentals are always weak and despite the noise, the US fundamentals are strong (for now). With tariff pressure and US news volume, I think the $AUD/USD could complete the daily head and shoulders. I'm targeting .6200 area.

pragmatiq Updated 

With US inflation and jobs data showing signs of strength, I think interest rates won't be cut as soon as once thought. Therefore, this is an opportunity for the dollar to rally. I think the Aussie could test monthly support at around .6330.