JoeChampion

AUDUSD Approaching an important supply zone into the coming FOMC

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.67 zone, AUDUSD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.67 support and resistance zone. We just had a 25 bps today from the RBA which should push the fed to follow up and make further rate hikes too. Several feds have also mentioned the importance of another rate hike.
Trade safe, Joe.

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