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KlejdiCuni
Dec 15, 2022 8:50 AM

AUDUSD Seems Poised For Further Weakness After FOMCΒ Short

Australian Dollar/U.S. DollarFXCM

Description

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AUDUSD Seems Poised For Further Weakness After FOMC

This analysis was discussed yesterday during the Tradingview live streaming.

From yesterday's FOMC meeting, we saw the USD stopping the
bears to advance more.

Given the fact that Powell supported the USD in difficult times
he will not give up on the USD and the U.S economy today that
the inflation rate is recovering and economic conditions in the US are more than stable.

Targets on the chart!

Thank you and Good Luck!
Comments
InvestMate
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After today's price reaction on AUD/USD, I think that reaching a local support zone seems very likely
YongTung
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NIce work, good target setting. Thanks.
Lingrid
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Good analysis! What entry point will be preferable here?
UnknownUnicorn15614419
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You God damn right) I think that possible it's only start of movement.
FOREXN1
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Agree mate , thanks for sharing !
ProjectSyndicate
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solid overview and great charting today
HAMED_AZ
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Great idea
JoeChampion
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Thank you Klejdi!
KlejdiCuni
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@JoeChampion, You're welcome:)
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