AUDUSD Short 1 Hr Chart
Aussie Dollar falls as bond yield drop hints RBA outlook eroding. The Australian Dollar underperformed in overnight trade, falling alongside local front-end bond yields. That speaks to a dovish shift in RBA monetary policy bets, though a standalone catalyst triggering it is not immediately apparent.
Monthly: Spinning top green candle, testing monthly resistance
Weekly: shooting star forming after a bullish engulfing, testing monthly support further downside likely
Daily: Bearish engulfing now starting to form a bearish hanging man, sitting above M.A
H4: Broken Below M.A potential retracement to 0.382 fib 0.75973
Monthly: Spinning top green candle, testing monthly resistance
Weekly: shooting star forming after a bullish engulfing, testing monthly support further downside likely
Daily: Bearish engulfing now starting to form a bearish hanging man, sitting above M.A
H4: Broken Below M.A potential retracement to 0.382 fib 0.75973
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Trade Signals from Learn 2 Trade Telegram Channel t.me/learn2tradenews
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.