Hello,

AUDUSD shows a slight recovery from multi-year lows, with AUD market expectations of a rate cut by the central bank. The Aussie experiences some relief, but risks remain skewed to the downside as key US inflation reports approach. Further downside is anticipated towards the strong monthly support at 0.600436.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Trade closed: target reached
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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.