Aussie Is Looking For Lower Support
AUD found some sellers this week and most likely after lower CPI figures reported from Australia which means that RBA is most likely going to be on hold. It's coming down from 0.68 after RBA did not change their rate decision.
The recent recovery on Aussie from 2023 low looks corrective, thus it can belong to a bearish trend, especially if we also see a break beneath 0.6654 level. That said, we see this as wave 4 within wave (A) so more weakness can be coming soon.
The recent recovery on Aussie from 2023 low looks corrective, thus it can belong to a bearish trend, especially if we also see a break beneath 0.6654 level. That said, we see this as wave 4 within wave (A) so more weakness can be coming soon.
Explore our services
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。