Dólar Australiano/Dólar Americano
Viés de alta

AUD/USD Pathway Analysis - UPSIDE BIAS

55
The Strong Rejection of the Downside below 0.6400 has been tempered by the FOMC minutes and stronger US Confidence data and the AUD/USD has pulled back from 0.6700. Support has been found at 0.6590 and we are currently on Front Foot into 0.6630.

Aussie has a couple of risk events with Aussie Retail Sales Tuesday which were weak last month and then the Monthly CPI Figures Wednesday forecast at 3.4% vs. 3.5% previously.

The other side of the equation USD is struggling to make further gains with US 2 year interest rates hitting super strong resistance at 5.0% and unless we can somehow break above we are going to see range trading to USD weakness in coming sessions.

US Data is light but Core PCE a FED favoured measure is out on Friday and another key potential market mover. A weaker data point forecast at 0.2% vs 0.3% and Personal Income forecast at 0.3.% vs. 0.5%.

Looking for AUD/USD dips to be bought at 0.6600 for eventual retest of 0.6700. Sideways trading very likely though so taking profits 0.6640-50 likely a few times till later in Week.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.