AUDUSD : Multi Time frame analysis
Updated
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here's my point of view about
AUDUSD , As always this is not any financial advise.
fundamentals:
AUD/USD struggles to extend three-day uptrend, as well as upside break of 50-DMA.
Cautious sentiment ahead of US CPI challenge risk barometer pair.
Australia Consumer Inflation Expectations rose for February, Aussie Senior Finance Executives expect RBA rate hike in 2022.
White House comments, Fedspeak magnify inflation fears ahead of the key US January CPI release.
As you can see we reach the 0.7 levle and now after breakding the bearish structure we can retest that demand level before another push to the upside.
here's my point of view about
AUDUSD , As always this is not any financial advise.fundamentals:
AUD/USD struggles to extend three-day uptrend, as well as upside break of 50-DMA.
Cautious sentiment ahead of US CPI challenge risk barometer pair.
Australia Consumer Inflation Expectations rose for February, Aussie Senior Finance Executives expect RBA rate hike in 2022.
White House comments, Fedspeak magnify inflation fears ahead of the key US January CPI release.
As you can see we reach the 0.7 levle and now after breakding the bearish structure we can retest that demand level before another push to the upside.
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