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Forex growth bot review
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Aud usd forex


aud usd forex

commodities. This will confirm the shift in momentum. To see all exchange delays and terms of use, please see disclaimer. Core durable goods orders gained.4, marking a 9-month high. The index has been mired below the 50-level in Q1, pointing to contraction in the services index. The Australian Dollar is under pressure on Friday as investors continue to react negatively to yesterdays stronger-than-expected.S. The chart pattern doesnt mean the trend is changing to down, but it could lead to a 2 to 3 day correction.

I remain bearish on AUD/USD. Daily AUD/USD, daily Technical Analysis. It is the final support line for now. Please ensure you fully understand the risks involved. This was much stronger than Final GDP for Q4, which came in.2.

aud usd forex

Chinese Caixin Manufacturing PMI: Thursday, 1:45. Bearish Scenario, a sustained move under.7102 will signal the presence of sellers. The.S-China trade war has taken a toll on the Australian economy, as China is Australias largest trading partner. The.S, posted strong numbers last week. The nasty trade war between the.S. Further down,.7240 separated ranges in September and in October. The forecast for April.0, indicative of muted activity. This is followed.7340, which the pair breached in late November. Core CPI edged lower.3, shy of the estimate.4. . This correlation with the Shanghai stock exchange is to be added to the correlation it has with gold. The round number.74 was the high point reached at the wake of December. Australia is a big exporter to China and its economy and currency reflect any change in the situation in that country.

All market data is provided by Barchart Solutions. A trade through.7168 will negate the closing price reversal top and signal a resumption of the uptrend. The main trend will change to down on a move through.7041. Look out to the downside.7079 fails as support. AUD/USD Price Forecast the Australian dollar rallies to close out week. With China gripped by a slowdown, the Australian manufacturing sector is under pressure. The major retracement zone.7079.7153. This could generate the downside momentum need to drive the AUD/USD into the major 50 level.7079.

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