Reason for selling AUDUSD Fundamental factors are supporting the USD as the recent inflation figure beats the expectation 4.16% which causes the buying of USD against major pairs. It has reached lower trendline area.Sell AUDUSD when it reaches around the .618 Fibonacci level and primary target would be 1.272 Fibonacci.
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.