AUDUSD might form trapping in Fibo 78.6%

2023年11月12日

Hi traders,

After impulsive bullish movement in the previous week, AUDUSD is moving back to its support. This is mainly after FED Powell comment regarding the US interest rates. RBA delivered interest rate hike as expected.

From technical analytics point of view, there is possibilities that AUDUSD might be bounce back from its Fibonacci 78.6% and follow the parallel channeling.


Good luck with trading next week.

Disclaimer ON

2023年11月13日

評論

We are seeing AUDUSD will still follow the parallel channeling. Tomorrow will potentially confirm the move since there will be US CPI announcement

Good luck!

2023年11月14日

評論

AUDUSD is surging after CPI is softer than expected.

AUDUSD is aligned with the plan earlier this week.
Good luck!

2023年11月15日

手動結束交易

Congratulations.
Given there will be big announcement for Australia, you can consider closing your profit position.

Happy profit!