AUDUSD Lower
I like trying an AUDUSD short here.
from a technical perspective i think we could break this support we've had for a week or so which could cause a strong move lower as we hit stops. We've also rejected the move higher from the hawkish RBA which i think signals that the market is focused on other things - this could be that risk sentiment is likely to continue falling on the back of global tightening.
correlations are moving lower including the au200, copper, iron etc.
not trading/investment advise, feedback welcome!
from a technical perspective i think we could break this support we've had for a week or so which could cause a strong move lower as we hit stops. We've also rejected the move higher from the hawkish RBA which i think signals that the market is focused on other things - this could be that risk sentiment is likely to continue falling on the back of global tightening.
correlations are moving lower including the au200, copper, iron etc.
not trading/investment advise, feedback welcome!
註釋
taking this out here around 1 RR
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