🔔🔔🔔AUD/USD news:
➡️ The AUD/USD pair traded below the 0.6400 level, hovering near its weekly low reached earlier on Friday amid mixed signals. The US Dollar remained firm near a one-month high after the Federal Reserve paused with a hawkish tone on Wednesday, putting downward pressure on the pair.
➡️ This movement occurred as market sentiment improved regarding US-China trade relations ahead of upcoming weekend talks, while the announcement of a new US-UK trade agreement also contributed to the US Dollar’s strength.
Personal opinion:
➡️ The DXY has a third consecutive day of gains and shows no signs of stopping due to support from positive US news. Therefore, AUD/USD will continue to be under pressure in the short term. And wait for positive news from the US-China negotiations.
➡️ However, AUD/USD is oversold and there will be a technical pullback before the pair continues its downtrend
➡️ Analyze based on resistance - support levels combined with trend lines and EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Sell AUD/USD 0.6410 - 0.6420
❌SL: 0.6440 | ✅TP: 0.6355
FM wishes you a successful trading day 💰💰💰
➡️ The AUD/USD pair traded below the 0.6400 level, hovering near its weekly low reached earlier on Friday amid mixed signals. The US Dollar remained firm near a one-month high after the Federal Reserve paused with a hawkish tone on Wednesday, putting downward pressure on the pair.
➡️ This movement occurred as market sentiment improved regarding US-China trade relations ahead of upcoming weekend talks, while the announcement of a new US-UK trade agreement also contributed to the US Dollar’s strength.
Personal opinion:
➡️ The DXY has a third consecutive day of gains and shows no signs of stopping due to support from positive US news. Therefore, AUD/USD will continue to be under pressure in the short term. And wait for positive news from the US-China negotiations.
➡️ However, AUD/USD is oversold and there will be a technical pullback before the pair continues its downtrend
➡️ Analyze based on resistance - support levels combined with trend lines and EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Sell AUD/USD 0.6410 - 0.6420
❌SL: 0.6440 | ✅TP: 0.6355
FM wishes you a successful trading day 💰💰💰
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.