FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
4557 10 94
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Comment: The pair is retreating from recent 3-week highs in the mid-0.7100s and it is so far snapping a 2-week positive streak ahead of the RBA interest rate decision due tomorrow. Market expectations of a rate cut by the RBA remains nearly zero, especially after today’s inflation figures. We note the jump in monthly and annual tradable inflation, confirmation that the weaker exchange rate is feeding through, just as the RBA expected.
Trade closed: target reached: TARGET 1 REACHED!

Trade closed: target reached: 2nd TARGET REACHED!

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Nice analysis, came to similar conclusion but with Ichimoku. See rebounds
albert.callisto albert.callisto
Swiss precision, well done. Auguri
currently agree with you!
+1 Reply
Thanks,very nice..
+1 Reply
for short term... just for intraday... if 0.706 remains now then i expect 1 more move up above 0.71.. sl. for this would be 0.7058

+1 Reply

Same view! :)
same view but different setup! your stop area is our entry area :)
RamaDeda SignalSwiss
Just change my entry and my SL, thanks! :)
I see that these are 4 -hour candlesticks ! So you base your analysis based on this time-frame ? THANKS
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