FX:AUDUSD   Australian Dollar / U.S. Dollar
Details on chart
Comment: My opinion from a fundamental point of view:
QE probably ends, but as powell said, he has other tools to support the economy. Another tool is to keep the usd low. We've seen it over the last few weeks, even though european and asian central banks have bought the usd, it has gone down. Now, the Japanese central bank has announced that it will not buy more usd. Therefore, i expect the usd to continue to fall.
As a result, the tariffs on u.s. American products imposed by European and Asian countries will be offset by the favorable u.s. dollar.
Trade closed manually

Comments

Love the way you have given value to divergence setups!
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GuruFire nadeemenglish
@nadeemenglish, thank you very much, I am glad that you like it
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Please Can You Give the Details For the Uptrend..??
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GuruFire SankaFX
@SankaFX, Pls check out my other analyzes on dxy and spx500usd. There you see the connection to it.
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