BULLS ARE TAKING CHARGE
Hello Friends! I bring you today’s Analysis for the Aussie.
With the AUDUSD pair up 0.39% AUDUSD inched closer to 0.70 which is the first technical objective for the bulls followed with 0.7050.
Minutes of the Reserve Bank of Australia’s May Monetary Policy Meeting showed that members considered three options , hiking rates by 15bps 25bps or 40 bps
AUDUSD traders will keep their eyes on the risk catalysts , comprising the COVID and geopolitical risks, for immediate directions. AUD bulls attacked 0.70 let level also favoring the risk measure that the pair is in an upbeat mood mainly because of the headlines from China. With China planing to end the COVID linked lockdown after the third consecutive day of zero cases outside quarantine area
Minutes of the Reserve Bank of Australia’s May Monetary Policy Meeting showed that members considered three options , hiking rates by 15bps 25bps or 40 bps
This is an article not Financial Advice always do your own research
If you have questions you can write it in the comments below and I will answer them
And please don’t forget to support this idea with your likes and comments
With the AUDUSD pair up 0.39% AUDUSD inched closer to 0.70 which is the first technical objective for the bulls followed with 0.7050.
Minutes of the Reserve Bank of Australia’s May Monetary Policy Meeting showed that members considered three options , hiking rates by 15bps 25bps or 40 bps
AUDUSD traders will keep their eyes on the risk catalysts , comprising the COVID and geopolitical risks, for immediate directions. AUD bulls attacked 0.70 let level also favoring the risk measure that the pair is in an upbeat mood mainly because of the headlines from China. With China planing to end the COVID linked lockdown after the third consecutive day of zero cases outside quarantine area
Minutes of the Reserve Bank of Australia’s May Monetary Policy Meeting showed that members considered three options , hiking rates by 15bps 25bps or 40 bps
This is an article not Financial Advice always do your own research
If you have questions you can write it in the comments below and I will answer them
And please don’t forget to support this idea with your likes and comments
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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.
Related publications
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.