Aussie lifted by U.S. jobs data better than forecast. Apparently, the data were revived interest in risky assets. Aussie is now back to try the area after a falling $ 1.08 to $ 1.05. Another factor that lifted the Australian dollar is rising again RBA rate hike expectations. Last Friday, in his report, saying the RBA may need to raise interest rates again any time as the growth of mining investments that make unemployment fell and inflation rose.
Aussie currency movements as a whole yesterday's bullish about 110 pips since the Asian trading session begins. Rebounded on daily lowest level at 1.0737 after entering the European session to go to the highest level at 1.0850.
As seen pergerakah Aussie'm bullish inclined sideways. Be careful when falling through the trend line going to happen diagonal sharp correction.
There is no focus on economic data today for the Aussie currency. If price increases are continuing and did not penetrate the diagonal trend line then opened up opportunities to 1.0878 and 1.0947 resistance level. We recommend that if a decline continues and the trend line diagonal pass then the price can reach the level of support 1.0657.Harga visible line on the graph H1 and M10 MA05 bullish conditions.
While the Stochastic indicator indicates a strong bearish likely fall over the line when his diagonal trend
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