AUDUSD 30/08: Are buyers ready to catch the bottom?
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AUDUSD
$ Australia's consumer price index inflation fell more than expected in July, further away from a 30-year high as a series of sharp Reserve Bank rate hikes appeared to be working as expected. .
$ Consumer price index inflation rose 4.9% in the 12 months to July, data from the Australian Bureau of Statistics (ABS) showed on Wednesday. This index was lower than expectations of 5.2% as well as the previous month's 5.4%.
$ Monthly inflation fell below the 5% mark for the first time since February 2022, after falling sharply from a peak of 8.4% reached in December.
$ The July figures were mainly driven by falling fresh food and fuel prices, amid a stable global supply chain. Excluding these two items, core inflation decreased to 5.8% from 6.1% last month.
❤️Technical analysis :
The model has formed cups and handles. I expect strong buying from my supporters. Resistance 0.64350 became a great support zone
AUDUSD$ Australia's consumer price index inflation fell more than expected in July, further away from a 30-year high as a series of sharp Reserve Bank rate hikes appeared to be working as expected. .
$ Consumer price index inflation rose 4.9% in the 12 months to July, data from the Australian Bureau of Statistics (ABS) showed on Wednesday. This index was lower than expectations of 5.2% as well as the previous month's 5.4%.
$ Monthly inflation fell below the 5% mark for the first time since February 2022, after falling sharply from a peak of 8.4% reached in December.
$ The July figures were mainly driven by falling fresh food and fuel prices, amid a stable global supply chain. Excluding these two items, core inflation decreased to 5.8% from 6.1% last month.
❤️Technical analysis :
The model has formed cups and handles. I expect strong buying from my supporters. Resistance 0.64350 became a great support zone
Ghi chú
NOTE:Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Ghi chú
Hello everyone, I see a buy signal around the price range 0.64350 - 0.64150 SL : 0.63720
TP 1 : 0.64670
TP 2 : 0.64970
TP 3 : 0.65370
GOOD LUCK✅Wish us a lot of profit✅
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NOVA returns and updates new information
✅ Gold Scalping Signal: 4 - 6 signals.
✅ Forex Signal: 5 - 8 signals.
✅ Trading Idea / Setup / Technical.
✅ NEW UPDATE : Signals free in Telegram:
t.me/+1mFSljRaI5RlNjg1
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