Simple analysis. Please leave a comment or thumbs up if you agree. Discussion encouraged even if you hate the idea !
We bought the dip after AUD data.
Technicals on the chart.
Fundamentals for tradesetup:
Nothing has changed for AUD. Rate cut still on the table. GBP data is improving. Clearly BOE is becoming less dovish.
RBA still wants AUD down and they will do/say what it takes to keep talking it down.
We bought the dip after AUD data.
Technicals on the chart.
Fundamentals for tradesetup:
Nothing has changed for AUD. Rate cut still on the table. GBP data is improving. Clearly BOE is becoming less dovish.
RBA still wants AUD down and they will do/say what it takes to keep talking it down.