EXNESS - Analytics

    EXNESS

    628.50 4.00/10
    69% of positive reviews
    Real

    AUDUSD: consolidation below the 0.7085 level

    Buy on a level breakthrough of 0.7085 with 0.7145 target. Stop loss = 0.7035.

    Reason for the trading strategy

    In August, the Australian retail sales rose by 0.4% (m/m), as expected.
    Thus, after the index declined by 0.1% (m/m) in July, its growth is observed, signaling an increase in consumer activity of Australian households.

    AUDUSD, H4

    AUDUSD


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree