On the daily chart, AUD/USD keeps consolidating in the 0.7305-0.7485 range. A break of its lower border will increase the odds of the decline to 200% target of AB=CD.
Tag - aud - australian dollar
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen.
AUD/CAD falling inside wave (2) Next sell target - 0…
Narrow bullish Ichimoku Cloud and falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen.
On the daily chart of AUD/USD, the attempt of bulls to trigger a “Bat” pattern and lead the pair out of the downtrend channel failed.
Bullish Ichimoku Cloud but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Kijun-sen.
AUD/NZD reversed from support zone Next buy target - 1…
AUD/CAD broke support zone Next sell target - 0…
Bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun.
The US dollar index has been fighting to return to the previous highs but it has been failing.
It’s a forecast for July 25.
CPI (Consumer Price Index) is one of the most important Australian economic indicators.