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JoeChampion
May 2, 2023 10:24 AM

AUDUSD Approaching an important supply zone into the coming FOMC Short

Australian Dollar/U.S. DollarFXCM

Description

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.
Comments
Lingrid
This idea is pretty interesting
gp4xkzwskt
Hell yea
DeGRAM
Thank you for sharing your analysis
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