A good opportunity to buy the Aussie?
After breaking under the huge flags support, the aussie has continued its decent breaking under two more important support zones.
Howeve, at this point, the pair is in a strong buy zone and, and considering an almost 500 pips fall, a corrections is needed.
((But dont forget the DGP YoY Q3 dropped from 9% down to 3,9% which should be taken as negative to the AUD. Have a great trading week guys!
Howeve, at this point, the pair is in a strong buy zone and, and considering an almost 500 pips fall, a corrections is needed.
((But dont forget the DGP YoY Q3 dropped from 9% down to 3,9% which should be taken as negative to the AUD. Have a great trading week guys!