My 75% Bullish Thought for AUDUSD. TA and FA Reasons.
I am 75% Bullish about AUDUSD.
TECHNICAL ANALYSIS
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Just a little Bullish push from Weekly Double Bottom, AUDUSD will be inside a Bullish channel and continue Uptrending.
FUNDAMENTAL ANALYSIS
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Date: 3 FEB 2022
The Reserve Bank now sees core inflation breaching 3% for the first time since 2010, before settling around 2.75% through to mid-2024, its quarterly Statement on Monetary Policy showed Friday. Still, the wage price index is only expected to advance to 2.75% this year, then edge up to 3% over 2023. -- Bloomberg.
Bullish is very likely.
Cheers. All the best.
TECHNICAL ANALYSIS
==================
Just a little Bullish push from Weekly Double Bottom, AUDUSD will be inside a Bullish channel and continue Uptrending.
FUNDAMENTAL ANALYSIS
=====================
Date: 3 FEB 2022
The Reserve Bank now sees core inflation breaching 3% for the first time since 2010, before settling around 2.75% through to mid-2024, its quarterly Statement on Monetary Policy showed Friday. Still, the wage price index is only expected to advance to 2.75% this year, then edge up to 3% over 2023. -- Bloomberg.
Bullish is very likely.
Cheers. All the best.
Komen:
Look like not this week. Currently, H4 is at neckline of Weekly Double Bottom and it is OS.