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AUD/USD

Quoting trading007
interesting support level here on AU {image}
AUD will go down. LOWE can't keep raising rates or people will not be able to afford m repayments
Quoting Torzone
{quote} AUD will go down. LOWE can't keep raising rates or people will not be able to afford m repayments

The same could be said for every country raising rates right now
Quoting trading007
{quote} The same could be said for every country raising rates right now
But some countries have much higher debt than others.
If Aussie bounces back from here, I'm out until Wednesday...
Quoting eastrader
AudUsd My forecast it will break the resistance {image}
It will

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wise man say, only fools rush in
Prediction of today's FED statistics?
Quoting masoudja
Prediction of today's FED statistics?
It's better not to trade today, let the market show its move first and then we will ride the coattails tomorrow.
Always learning
Quoting fxpider
{quote} It's better not to trade today, let the market show its move first and then we will ride the coattails tomorrow.
I have an open position.
Is it likely to rise or fall?
I am Long
Looking at the weekly and Daily Heiken Ashi charts both are positive.
Having said that in the shorter term anything can happen. But I trade higher timeframes.

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Was it in favor of the dollar or against it?????
Quoting masoudja
Was it in favor of the dollar or against it?????
Man what do you mean by that?
When AUDUSD goes UP, it is against the US Dollar.
When AUDUSD goes DOWN, it is in favor of the US Dollar.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
Rise or fall with FED statistics?
Quoting masoudja
Rise or fall with FED statistics?
Rise and Fall both, depending on which currency you are after.
Always learning
Usd
Quoting masoudja
Usd
It looks like the FED decision is in favor of USD as all risk currencies are falling against the US Dollar as we speak.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
Quoting Vincent1
{quote} On lower time frame, possible inverted H&S, waiting for confirmation {image}
Quoting Vincent1
{quote} Update {image}
Update

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#AUDUSD / H4
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0.6700 is another psychological level which is expected to provide some support.
Failing to penetrate down may see 0.6890-0.6910.
Moving convincingly below 0.6700 opens a possibility for visiting 0.61xx.

Currently my view is still bearish. I guess the market will open higher than the Friday close, but the price will fall throughout the Asian session or the Frankfurt - London Monday session.

I have been wrong before. I may be wrong again.

Good luck.
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
Quoting NotAtrader
0.6700 is another psychological level which is expected to provide some support. Failing to penetrate down may see 0.6890-0.6910. Moving convincingly below 0.6700 opens a possibility for visiting 0.61xx. Currently my view is still bearish. I guess the market will open higher than the Friday close, but the price will fall throughout the Asian session or the Frankfurt - London Monday session. I have been wrong before. I may be wrong again. Good luck.
I'm longing here. Looks like a great spot for long entry
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