AUD - BULLISH
1️⃣ Australia posted the largest trade surplus on record, as exports surged 6% to a ten-month high, while imports fell 2% to a three-month low amid improving global demand as more countries reopen their economies following an easing of COVID-19 lockdowns, while retail sales rose by 0.5% month-over-month.
CHF - BEARISH
1️⃣ Expectations of a robust...
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Due to the short term sell point, it looks like Audchf is bouncing back to an uptrend. For how long, that much is uncertain. Anyways, here is a buy opportunity (perhaps you see something different). If you do, please let me know in the comments below.
This will be a short term long opportunity!!! As of now, I am expecting a rejection from 161.8% fib level. We managed to see a 261.8% fib level fall all the way till this level but 0.7053 support level is rather strong and I expect some BULLISH pressure here for AUDCHF. If you wish to enter always remember shifting SL to entry after we see some movement to the...
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AUD - BULLISH
1️⃣ Market participants remained cautiously optimistic as US Democrats cleared the path for the approval of President Joe Biden’s US$1.9 trillion COVID-19 relief package, while Speaker Nancy Pelosi predicted the final relief legislation could pass Congress before March 15.
2️⃣ Progress in coronavirus vaccinations continued fueling hopes for a strong...