JoeChampion

AUDUSD:Weak USD performance and potential upsides

Long
FX:AUDUSD   Australischer Dollar/U.S. Dollar
Hey traders, market is pricing a lot of hawkishness from fed due to the recent data.. but the market choose to rebalance and dollar remains indecisive prior to CPI data.. so from now on since the rate hikes are priced in i think we may get good opportunities selling the dollar against commodities... also a weak dollar could give us good opportunities to be bullish on stocks, cryptos along with AUD and NZD.
Remember that this is not a financial advice and we are speaking just theories.
technically we noticed a decent breakout in AUDUSD so if it retraces from 0.675 zone that should be a good push for bulls.
Trade safe, Joe.

Join our telegram Channel for daily market updates t.me/JoeChampion
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.