AUDUSD: Short-Term Trading Setup
Yesterday, during the FOMC meeting, Powell made positive remarks about the U.S. economy but gave no hint about future rate cuts.
Today’s progress on tariffs between the UK and the U.S. is also boosting USD strength.
AUDUSD has broken below a small support zone at 0.6418 and may continue downward, as seen on the chart.
The price could decline further in the coming hours, targeting 0.6380 and 0.6350.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Yesterday, during the FOMC meeting, Powell made positive remarks about the U.S. economy but gave no hint about future rate cuts.
Today’s progress on tariffs between the UK and the U.S. is also boosting USD strength.
AUDUSD has broken below a small support zone at 0.6418 and may continue downward, as seen on the chart.
The price could decline further in the coming hours, targeting 0.6380 and 0.6350.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trade closed: target reached
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t.me/KlejdiCuni
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youtube.com/@TradingPuzzles
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.