AUDUSD - Short Pre FOMC Minutes
We still see AUDUSD moving lower despite the recent rebound on the back of there be no significant progress towards a resolution in the US/China trade war. We will await FED minutes on Wednesday which could indicate future FED rate monetary policy but our near term target is for the currency pair to fall back below 0.67 in particular if there is negative economic data coming out of China.
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.