The Australian economy is headed lower with the housing market decline and shorting AUD is on the right side.
on the very short timeframe, there is a short opportunity if the AUD breaks below the 1 hour uptrend, and will at least test the daily uptrend.
it the AUD breaks below the daily trend, expect it to at least test the 0.7 level.
on the very short timeframe, there is a short opportunity if the AUD breaks below the 1 hour uptrend, and will at least test the daily uptrend.
it the AUD breaks below the daily trend, expect it to at least test the 0.7 level.