Ok so now let's review our analysis before (2 weeks running).
AUD/USD is now stucken in the Fibo cluster Zone and retesting the bullish trendline .
I will strongly believe that the USD is going to be higher due to the Soft Brexit and Tax on EU Car.
In addition, as you may know, China is one of the biggest country that imports goods from Australia. That's why , if the Trade war is continued, the AUD will be going down as a result.
Finally, Short is my recommendation
AUD/USD is now stucken in the Fibo cluster Zone and retesting the bullish trendline .
I will strongly believe that the USD is going to be higher due to the Soft Brexit and Tax on EU Car.
In addition, as you may know, China is one of the biggest country that imports goods from Australia. That's why , if the Trade war is continued, the AUD will be going down as a result.
Finally, Short is my recommendation
Note
Wonderful Guys, we reach the Target as per my Analysis. Good lucks to whom follow my chart :)
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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.