简体中文
ภาษาไทย
繁體中文
Indonesia
AUDUSD: bulls pull up strongly
2022-08-11
1346
Fundamental analysis:
The Australian dollar fluctuated around 0.70760 against the US dollar. The tight labor market in Australia is a problem for New Zealand because it can easily aggravate the labor shortage and high inflation in New Zealand. This is another reason why the New Zealand Federal Reserve will continue to raise interest rates by 50 basis points.
AUDUSD AUDUSD - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the bulls were strongly driven up, the short-term bullish sentiment was shrouded, the market bulls continued to ferment, the MACD index was in the Bulls' region to maintain the concussion and pull up, and the RSI index was in the Bulls' region;
Long and short turning point: 0.70664
Pressing position: 0.70966, 0.71159
Support position: 0.70485, 0.70279
Trading strategy: bullish above 0.70664, target 0.70966, 0.71159
Alternative strategy: bearish below 0.70664, target 0.70485, 0.70279
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
