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AUDUSD short it again
AUDUSD surged above 0.733 on Friday but failed to keep the level and retraced back down below, just slightly above 0.73.
It's possible that AUDUSD will 0.733 again, and if dollar strength not coming back it can pop-up sooner than expected. However with current mixed US data, FED decision and Australia situation, I expect DXY to maintain above 94 and AUD to continue having weak strength in the coming days if not weeks.
Leave this out if you want to be safe as RSI is well above 50 on all LT, showing strong buying momentum.
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Note:
I intend to publish most of my charts public from now, so do make your own analysis instead of following me without knowing the risks.
Disclaimer:
Chart is static market is not. I learn from loss and mistakes like everyone. No financial advise is given here. Your money your own risk. :) And Good luck.
It's possible that AUDUSD will 0.733 again, and if dollar strength not coming back it can pop-up sooner than expected. However with current mixed US data, FED decision and Australia situation, I expect DXY to maintain above 94 and AUD to continue having weak strength in the coming days if not weeks.
Leave this out if you want to be safe as RSI is well above 50 on all LT, showing strong buying momentum.
---
Note:
I intend to publish most of my charts public from now, so do make your own analysis instead of following me without knowing the risks.
Disclaimer:
Chart is static market is not. I learn from loss and mistakes like everyone. No financial advise is given here. Your money your own risk. :) And Good luck.
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