Australian dollar will be bullish in 2023
Considering the reopening of the Chinese economy and also the domestic economy of Australia, which seems to be in good conditions (because the Bank of Australia was cautious about increasing the interest rate), and the increase in the price of gold, this path can be imagined.
This week, it is likely that the Federal Reserve will increase the interest rate by 50 points, which the market will consume until the meeting, and I think the Australian dollar will be bullish in 2023, so friends who have chosen to trade based on the trend, if these assumptions are correct, they should In the created positions, buy Australian dollars because any correction will be a buying position, but on the condition that these conditions govern the market.
This week, it is likely that the Federal Reserve will increase the interest rate by 50 points, which the market will consume until the meeting, and I think the Australian dollar will be bullish in 2023, so friends who have chosen to trade based on the trend, if these assumptions are correct, they should In the created positions, buy Australian dollars because any correction will be a buying position, but on the condition that these conditions govern the market.
Comment:
Be sure to manage positions for the Federal Reserve meeting
Comment:
The position is activated beautifully and the RR is given one to one, we make the position risk-free and withdraw 50% of the profit.
Considering the hawkishness of the Federal Reserve and the increase of corona patients in China, it seems that this downward trend will continue for this currency pair.
Considering the hawkishness of the Federal Reserve and the increase of corona patients in China, it seems that this downward trend will continue for this currency pair.