简体中文
ภาษาไทย
繁體中文
Indonesia
AUDUSD: finishing in a narrow range
2023-04-18
936
Fundamental analysis:
The Australian dollar remained volatile around 0.67031 against the US dollar. The Ministry of Commerce of China stated that it decided to review the anti-dumping and countervailing measures applicable to imported barley originating in Australia from April 15, 2023; Australian Treasurer Chalmers said that Australia of banks are well regulated and well capitalized.
Australian dollar AUDUSD - 4-hour K-line chart shows:
Brief technical analysis:
The 4-hour chart: After a sharp drop in the high-level short positions, they maintained a narrow range of consolidation. Based on the market’s short-term sentiment, there are signs of continued downward movement after the short-term weak consolidation. The lower side of the 50 balance line is weak;
Resistance levels: 0.67222 0.67336
Support levels: 0.66880 0.66766
Trading strategy: bearish below 0.67097, target 0.66880 0.66766
Alternative strategy: Bullish above 0.67097, target 0.67222 0.67336
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
