Trading2ez

AUD/USD likely to move UP!

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hey tradomaniacs,

looks like previous breakout could boost AUD/USD in short-term as risk-on continues in stocks.

The rate-hike tonight has shown that CBs are getting concerned about a slowdown in the economy.

We had more Risk-On due to worse ISM causing market to hope in less strong rate-hikes by FED. BAD NEWS are teh good news!

Setup not confirmed yet so I`m waiting for good bullish orderflow here.

What do you think?
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.