AUD/USD to test monthly support

12 gen

With US inflation and jobs data showing signs of strength, I think interest rates won't be cut as soon as once thought. Therefore, this is an opportunity for the dollar to rally. I think the Aussie could test monthly support at around .6330.

17 gen

Nota

So far, it's moved from .6710 to .6570. There's a lot of room below and possible catalysts to push it down to the monthly support.

28 feb

Nota

Trade still in motion. I've been selling technical bounces on the way down.