traderdragan

The Trump/Yellen zigzag on the AUDUSD

Short
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
With the current USD political uncertainty the AUDUSD pair is likely to move down in a zig zag formation.The expectation is of a FED rate hike in March but due to the Trump administrations criticism of the higher interest rate the speculative community is uncertain about the direction of the pair.

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