🔔🔔🔔AUD/USD news:
➡️ The Australian dollar continued to strengthen following the ceasefire between Israel and Iran.
➡️ Australia's monthly Consumer Price Index rose by 2.1% year-over-year in May, falling short of the expected 2.3% increase and down from the previous 2.4% reading.
➡️ Meanwhile, Fed Chair Jerome Powell expressed support for delaying interest rate cuts, potentially until sometime in the fourth quarter, which could help limit further downside pressure on the U.S. dollar.
Personal opinion:
➡️ AUD/USD's bullish momentum is still maintained in the short term due to the weakening USD. Today's target will be 0.6550
➡️ Analysis based on support resistance levels and EMA combined with Pivot point to come up with a suitable strategy
Personal plan:
🔆 Price Zone Setup:
👉 Buy AUD/USD 0.6485 - 0.6495
❌ SL: 0.6460 | ✅TP: 0.6545
FM wishes you a successful trading day 💰💰💰
➡️ The Australian dollar continued to strengthen following the ceasefire between Israel and Iran.
➡️ Australia's monthly Consumer Price Index rose by 2.1% year-over-year in May, falling short of the expected 2.3% increase and down from the previous 2.4% reading.
➡️ Meanwhile, Fed Chair Jerome Powell expressed support for delaying interest rate cuts, potentially until sometime in the fourth quarter, which could help limit further downside pressure on the U.S. dollar.
Personal opinion:
➡️ AUD/USD's bullish momentum is still maintained in the short term due to the weakening USD. Today's target will be 0.6550
➡️ Analysis based on support resistance levels and EMA combined with Pivot point to come up with a suitable strategy
Personal plan:
🔆 Price Zone Setup:
👉 Buy AUD/USD 0.6485 - 0.6495
❌ SL: 0.6460 | ✅TP: 0.6545
FM wishes you a successful trading day 💰💰💰
Trade active
personal plan:Hit + 42 pips from Buy 0.6485
setup successful
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.