Potential AUDUSD long pt. 2: Will the Fed hike rates?
تم تحديثه
This time, we have confluence of multiple technical elements signaling AUDUSD might have established an important low.
The recent speech by Janet Yellen had a rather dovish tone, mentioning the Fed has patience and that they would discuss the interest rate hike on a 'meeting by meeting basis', which I think will introduce increased volatility in all USD pairs.
As long as there are no negative news for the Australian dollar, I think it is likely to see a correction take place, giving the short/intermediate term trader long opportunities.
Details in the chart.
The recent speech by Janet Yellen had a rather dovish tone, mentioning the Fed has patience and that they would discuss the interest rate hike on a 'meeting by meeting basis', which I think will introduce increased volatility in all USD pairs.
As long as there are no negative news for the Australian dollar, I think it is likely to see a correction take place, giving the short/intermediate term trader long opportunities.
Details in the chart.
أغلقت الصفقة: تم الوصول لوقف الخسارة
The forecast was very accurate though.
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