terryzhang926

AUDUSD short could last longer

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
- bad employment will make RBA even more dovish after repeatly reject hike of interest, now should we think about any change of AU tappering?
- climate change target, trade tension with China, unstable covid policy between states make the recovery from pandemic more complicated
- China Evergrande risk been huge underestimated, the longer we wait, the worse result we have
- iron core keep down trend and natural gas seems change to down trend as well

I will see the performance of this pair next week, most likely keep going down

Please comment and we can exchange opinion

Enjoy

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