Sforex

Quick snapshot: Loonie + Aussie : I saw the breakout

FX:AUDUSD   Australian Dollar/U.S. Dollar
151 1 1
Check related Ideas: I said about breakout regarding to Loonie and Aussie.

And now I see the breakout has happened.

USDCAD             exceeds the bearish trend line I draw on the chart ; I expect the trend continues this week.

Canada data:
+ IVey PMI
+ Employement report.

Negative data could send more fuel for USDCAD             to rally.

AUDUSD             also break the support 0.7580, I expect it falls to 0.700 in the long term.

Australia data:

+ Australia employment report.
+ RBA Minutes.

Negative data + verbal intervene could drag Aussie lower.

criveracesin
a year ago
good analysis.....tks !
Reply
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