AUDUSD Prediction of possible situations.
In terms of technical structure, the daily trend of the Australian dollar is currently in a state of structural breakdown. In the process of backtesting, the price actually formed a long trading opportunity. However, from the point of view of the interest rate difference, the future state of the Fed is in the interest rate hike cycle. At this stage, the short-term nominal interest rate will rise sharply. If this is the case, the interest rate difference between Australia and the United States may not expand. There will be a state of obvious contraction, which is contrary to the current technical graphics. (Judging from the expression of the Reserve Bank of Australia, the possibility of raising interest rates in the future still exists) Very contradictory, observe and see
In terms of technical structure, the daily trend of the Australian dollar is currently in a state of structural breakdown. In the process of backtesting, the price actually formed a long trading opportunity. However, from the point of view of the interest rate difference, the future state of the Fed is in the interest rate hike cycle. At this stage, the short-term nominal interest rate will rise sharply. If this is the case, the interest rate difference between Australia and the United States may not expand. There will be a state of obvious contraction, which is contrary to the current technical graphics. (Judging from the expression of the Reserve Bank of Australia, the possibility of raising interest rates in the future still exists) Very contradictory, observe and see