FX_IDC:AUDUSD AUSTRALIAN DOLLAR / US DOLLAR
Nzd Usd cart is linked & longer timeframe of it is in the updates
Comment: Due 2 a bit of complexity & Aud having a history 2 shortly fall in crisis times I recommend staying away from this pair or catching it on the bounce towards the other direction. Doesn't mean u shouldn't trade Gbp Aud though
Comment: as I mentioned. I recommened 2 stay away from this due 2 its history & complexity. now that the Brexit move is over.. I will be looking 2 buy around .0720 - 0730 since USA rate hike cycle is in the dust now.
Comment: watching 4 reversal sign. Metals pushing Aud high ( Teal box ) FOMC Bullard speaks soon.. as well as EU Summit 2 hurt the dollar..? Next week is FOMC Meeting Minutes & Aud Rate statement. hopefully Aud will do the same as EU & say its 2 early 2 make such moves on Post Brexit. do keep in mind Usd Rate hike is off the table
Comment: the chart Aud recent move with teal box --> sorry for 2nd update
Comment: Aud Trade Balance , Retail sales & Rate Statement coming. FOMC following up after & I'm looking 2 buy this in the black circle