AUDUSD - Below 0.70
Hi everyone,
It seems that the Australian dollar has broken significant support and keeps the focus lower in price.
I expect the AUDUSD to go lower around 0.68 for the following reasons:
1- US Dollar Index is on the Upside.
2-The weekly MACD looks bearish.
3- Bad news from the Reserve Bank of Australia.
4- No good news from China.
On the other hand, this could be a buy opportunity since there is a massive support at 0.70, however I do not think this will be the case this time.
It seems that the Australian dollar has broken significant support and keeps the focus lower in price.
I expect the AUDUSD to go lower around 0.68 for the following reasons:
1- US Dollar Index is on the Upside.
2-The weekly MACD looks bearish.
3- Bad news from the Reserve Bank of Australia.
4- No good news from China.
On the other hand, this could be a buy opportunity since there is a massive support at 0.70, however I do not think this will be the case this time.
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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。