EXNESS - Analytics

    EXNESS

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    AUDUSD: growth against the background of an increasing composite business activity index in China

    Buy on a level breakthrough of 0.7567 with 0.7612 target. Stop loss = 0.7522. 

    Reason for the trading strategy

    The composite business activity index in China rose from 49.4 p. to 51.3 p. in March, An improvement in the situation in the largest Asian economy has had a stabilizing effect on the commodity currencies. 

     

    AUDUSD, H1 

     


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