AUDUSD to $.80 cents
- This is due to the interest hike in the US which is negative to the economy.
- Australian and New Zealand Markets are booming.
- Employment is very good in both countries.
- US Economy against AUD is in a down trend based on Weekly Charts. (USDAUD)
- This is due to the interest hike in the US which is negative to the economy.
- Australian and New Zealand Markets are booming.
- Employment is very good in both countries.
- US Economy against AUD is in a down trend based on Weekly Charts. (USDAUD)
Comment:
Still no bullish engulfing signals. Made small profits last nite in quick downtrends and uptrends still waiting for a bullish signature.
I am only a speculative trader and this is not financial advise on trades.
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits
- If you are losing money close the trade
- Start with .03-.05 units and learn to manage risk
- Don't take profits too early cheers!
MatrixBits