Potential HUGE trade - Nice Risk Reward ratio

٢٨ يناير ٢٠٢٢

Currently, the price is retesting the June 12, 2021, and December 5, 2021, Minor trendline. As long as the price stays above this line, I reckon AUDUSD will start to climb to retest the February 25, 2021 Down trendline. However, a breakout below this support, AUDUSD potentially falls deeper to retest June 12, 2021 low at a 0.67 level.

Catalyst:
- AUD Cash rate
- RBA Rate Statement
- US ISM Manufacturing PMI
- US JOLTS Job Openings
- ADP Non-Farm Employment Change
- US Unemployment
- ISM Services PMI
- NFP

Invalidation:
- This analysis fails if the price breakout the Red support

٢٨ يناير ٢٠٢٢

ملاحظة

٣١ يناير ٢٠٢٢

ملاحظة

Target 1, Done

١ فبراير ٢٠٢٢

ملاحظة

rba.gov.au/media-releases/2022/mr-22-02.html

١ فبراير ٢٠٢٢

ملاحظة

🇦🇺 RBA Interest Rate Decision
Actual: 0.1%
Expected: 0.1%
Previous: 0.1%

٢ فبراير ٢٠٢٢

ملاحظة

Target 2, Done

٣ فبراير ٢٠٢٢

ملاحظة

٣ فبراير ٢٠٢٢

ملاحظة

🇺🇸 Initial Jobless Claims (29/JAN)
Actual: 238K
Expected: 245K
Previous: 261K

١٠ فبراير ٢٠٢٢

ملاحظة

US Jan Consumer Prices +0.6% vs. +0.4% est.

US Jan CPI Ex-Food & Energy +0.6% vs. +0.4% est.

US Jan Consumer Prices Increase 7.5% From Year Earlier; Core CPI Up 6% Over Year

🇺🇸 Initial Jobless Claims (05/FEB)
Actual: 223K
Expected: 230K
Previous: 239K

١١ فبراير ٢٠٢٢

ملاحظة

Target 3, Done