Hi there!
Despite interest rate hikes in Australia, the AUD / USD pair appears to be at the lowest levels since May 2020. This is in the 0.69-0.68 region that was tested last week. The weakness of the AUD may be related to both declines in industrial commodity prices amid concerns about inflation ,
and the US Federal Reserve may raise interest rates faster than the RBA.
Today I would like to present to you my analysis of the AUDUSD currency pair.
According to my careful analysis, we can expect a move of over 650 pips.
If you would like to learn to analyze the market according to financial institutions, feel free to write to me.
Despite interest rate hikes in Australia, the AUD / USD pair appears to be at the lowest levels since May 2020. This is in the 0.69-0.68 region that was tested last week. The weakness of the AUD may be related to both declines in industrial commodity prices amid concerns about inflation ,
and the US Federal Reserve may raise interest rates faster than the RBA.
Today I would like to present to you my analysis of the AUDUSD currency pair.
According to my careful analysis, we can expect a move of over 650 pips.
If you would like to learn to analyze the market according to financial institutions, feel free to write to me.