AUDUSD short idea
Fundamental bias for this pair is Bearish, because of Strong USD in sake of hawkish monitory policy and neutral bias for AUS because of decrease in China's economic growth and the problems of Corona in China, which caused problems in the supply chain
Daily trend is sell
AUD 10Y bond yield: 3.976
U.S. 10Y: 3.697
Most of Retail traders are in long position so this is another sell opportunity.
This opportunity can be open a sell at 0.64888 and another sill limit at 0.66234 area
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.