AUDUSD - Bearish Bias
AUD - BEARISH
1️⃣ Investors moved into the Greenback amid prospects of faster economic recovery as President Joe Biden on Wednesday announced a US$2.25 trillion infrastructure plan over an 8-year period including $621 billion for transportation and $580 billion for manufacturing.
2️⃣ Retail sales in Australia declined by 0.8% month-over-month in February 2021.
USD - BULLISH
1️⃣ Investors continue to bet on a strong economic recovery amid further fiscal stimulus and coronavirus vaccination.
2️⃣ US President Biden announced a $2.25 trillion package, the second major stimulus plan after the $1.9 trillion bill.
3️⃣ US ISM manufacturing PMI is set to rise as US stimulus package could boost the activity.
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Technical
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We are looking to sell the AUDUSD at SBR + below SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Investors moved into the Greenback amid prospects of faster economic recovery as President Joe Biden on Wednesday announced a US$2.25 trillion infrastructure plan over an 8-year period including $621 billion for transportation and $580 billion for manufacturing.
2️⃣ Retail sales in Australia declined by 0.8% month-over-month in February 2021.
USD - BULLISH
1️⃣ Investors continue to bet on a strong economic recovery amid further fiscal stimulus and coronavirus vaccination.
2️⃣ US President Biden announced a $2.25 trillion package, the second major stimulus plan after the $1.9 trillion bill.
3️⃣ US ISM manufacturing PMI is set to rise as US stimulus package could boost the activity.
=====
Technical
=====
We are looking to sell the AUDUSD at SBR + below SMA 50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Pesanan dibatalkan
DELETE PENDING ORDER
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.
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.