EXNESS - Analytics


    628.50 4.00/10
    69% of positive reviews

    The Aussie is testing the resistance level of $0.7035

    Buy on a level breakthrough of 0.7035 with 0.7092 target. Stop loss = 0.6985.

    Reason for the trading strategy

    The AUD/USD pair gained support after the publication of strong macroeconomic statistics for China. In December, China's exports rose by 2.3% (y/y), with an expected decline of 4.1% (y/y), while imports fell by 4% (y/y), with an expected decline of 7.9% (y/y).

    AUDUSD, H4


    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