Australian Dollar / U.S. Dollar
Long
Updated

AUDUSD to $.80 cents

221
AUDUSD to $.80 cents

- This is due to the interest hike in the US which is negative to the economy.
- Australian and New Zealand Markets are booming.
- Employment is very good in both countries.
- US Economy against AUD is in a down trend based on Weekly Charts. (USDAUD)
Note
Still no bullish engulfing signals. Made small profits last nite in quick downtrends and uptrends still waiting for a bullish signature.

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