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JoeChampion
Jun 9, 2023 2:02 PM

AUDUSD Potential DownsidesΒ Short

Australian Dollar/U.S. DollarFXCM

Description

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Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.67800 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.67800 support and resistance zone.
Trade safe, Joe.
Comments
JiiMu
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Totally agree πŸ‡ΊπŸ‡Έwil hike interest at least 0.25% anyway if the inflation still remains. Next week πŸ‡ΊπŸ‡ΈπŸš€πŸš€πŸš€
JoeChampion
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@JiiMu, Sweet! all eyes on CPI
FirstNameHelen
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Nice australian dollar idea dear friend
JoeChampion
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@FirstNameHelen, Thank you!
ibrar550
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price looks crazy bullish looking for a breakout and with bad US data it could get the breakout
JoeChampion
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@ibrar550, Cheers!
AL_GI
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100% agree, AUDUSD is still bullish
JoeChampion
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@AL_GI, you can not say something is a 100% going some way especially when it comes to the financial market, this week we are coming across CPI data, what if CPI is above expectations? then USD bears will die
TraderAmin-KZ
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great job thanks πŸ™
JoeChampion
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@aminkz2020, Sweet!
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