الثلاثاء، 9 فبراير 2016

AUDUSD: under pressure against the background of a reduction in Australia's business

AUDUSD
Feb. 9, 2016, 10:32
Sell on a level breakthrough of 0.7000 with 0.6950 target. Stop loss = 0.7050.

Reason for the trading strategy

In January, the NAB business confidence index in Australia fell from 3 p. to 2 p. The data indicate a deteriorating economic situation in the country and put pressure on the Aussie. In addition, the current collapse of the Asian stock markets forces investors to sell the higher-yielding currencies.

AUDUSD, H1


AUDUSD: under pressure against the background of a reduction in Australia's business

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