Expecting a drop from this pair, so looking out for a confirmation on LTF's.
There's a squeeze with big rejections from the descending trendline and this pair is coiling in a very small range.
Expecting the breakout below, with Aussie inflation data on Wednesday - AUD inflation has been more stubborn than most so any inflation increase and I will expect Aussie strength, as the BoA is likely to act hawkishly.
There's a squeeze with big rejections from the descending trendline and this pair is coiling in a very small range.
Expecting the breakout below, with Aussie inflation data on Wednesday - AUD inflation has been more stubborn than most so any inflation increase and I will expect Aussie strength, as the BoA is likely to act hawkishly.
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Penafian
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Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.