Sunday, 8 August 2021

AUD/USD Threatens Key Technical Level as Chinese Inflation Data Nears

AUD/USD is threatening a breakdown as prices test support at the floor of a Rising Wedge chart pattern. Chinese inflation data due out today may be a catalyst.

from DailyFX - Market News https://ift.tt/3yxAFmh
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...