AUDUSD might form trapping in Fibo 78.6%

Actualizado
Hi traders,

After impulsive bullish movement in the previous week, AUDUSD is moving back to its support. This is mainly after FED Powell comment regarding the US interest rates. RBA delivered interest rate hike as expected.

From technical analytics point of view, there is possibilities that AUDUSD might be bounce back from its Fibonacci 78.6% and follow the parallel channeling.


Good luck with trading next week.

Disclaimer ON
Comentarios
We are seeing AUDUSD will still follow the parallel channeling. Tomorrow will potentially confirm the move since there will be US CPI announcement

Good luck!
Comentarios
AUDUSD is surging after CPI is softer than expected.

AUDUSD is aligned with the plan earlier this week.
Good luck!
Operación cerrada manualmente
Congratulations.
Given there will be big announcement for Australia, you can consider closing your profit position.

Happy profit!
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