EXNESS - Analytics

    EXNESS

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    AUDUSD: consolidation in the range of 0.7475-0.7570

    Buy on a level breakthrough of 0.7570 with 0.7650 target. Stop loss = 0.7520.

    Reason for the trading strategy

    Over the last month, the yield on 10-year US bonds rose by 14 bps to 1.87%, and the yield on the Australian ones rose by 17 bps to 2.57%. In the context of stabilization of prices for raw materials, purchasing high-yielding Australian bonds attracts investors.  

     

    AUDUSD, H1

     


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