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!