简体中文
ภาษาไทย
繁體中文
Indonesia
Australia and the United States: bulls continue to move up
2022-07-22
1195
Fundamental analysis:
The Australian dollar remained volatile around 0.69232 against the US dollar. The rise in prices and interest rates in Australia has put pressure on household budgets. It is expected that the inflation rate will rise further in the short term. The Reserve Bank of Australia needs to take further measures to normalize monetary conditions.
AUDUSD AUDUSD - 4-hour K-line chart shows:
Technical analysis:
Looking at the 4-hour chart: the Bulls' momentum fluctuated strongly and rose. After the retreat trend of the short-term high, the Bulls pulled up again and moved upward. The MACD index was in the Bulls' area and maintained the consolidation and translation, and the RSI index was in the 50 equilibrium online side;
Long short turning point: 0.69139
Pressing position: 0.69401, 0.69602
Support position: 0.68981, 0.68812
Trading strategy: bullish above 0.69139, target 0.69401, 0.69602
Alternative strategy: bearish below 0.69139, target 0.68981, 0.68812
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
