Get started
SeaSide420

Australia re:Worldwide recession (re-entry)

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
SeaSide420 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Moving Averages Fibonacci
19
3
movingaverage fibonacci
AUDUSD will continue to trend lower in coming weeks because the global economy is in a deepening recession, says CBA . The bank now expects the global economy will contract by 2.6% in 2020. The greater the increase globally in unemployment, bank funding costs and bank bad debts, the longer and deeper the recession will be, the bank adds. CBA expects moves in AUD this week to be dominated by offshore trading as a function of broader DXY moves

Re Entry after Stopped out previously


Australia re: Worldwide recession
Comment:
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.