After 2 impulsive entries, this is my 3rd try. Price bounced back from order flow area. A nice bullish move + 2 rejection (clear from hourly chart) might give me a good risk:reward trade.
Economic Data
Australia:
Interest Rate: 4.35% (as of September 25, 2024)
Inflation: 3.6% (year-on-year, to June 2024)
Trade Balance: AUD$11.2 billion surplus (June 2024)
New Zealand:
Interest Rate: 4.75% (as of August 22, 2024)
Inflation: 6.0% (year-on-year, to June 2024)
Trade Balance: NZD$1.0 billion deficit (June 2024)
Economic Data
Australia:
Interest Rate: 4.35% (as of September 25, 2024)
Inflation: 3.6% (year-on-year, to June 2024)
Trade Balance: AUD$11.2 billion surplus (June 2024)
New Zealand:
Interest Rate: 4.75% (as of August 22, 2024)
Inflation: 6.0% (year-on-year, to June 2024)
Trade Balance: NZD$1.0 billion deficit (June 2024)
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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.
Disclaimer
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.