As we know Powell is going brrrr in a few hours making the dollar even weaker and at the same time stimulating the economy. this is a great thing for the australian dollar which as we know is the currency of the good wind.
On a technical level we can see a bullish engulfing and a three upside up on a 1H and 30 minute chart.
On the 4H chart the pair has broken a descending wedge upwards signaling more upside.
On a technical level we can see a bullish engulfing and a three upside up on a 1H and 30 minute chart.
On the 4H chart the pair has broken a descending wedge upwards signaling more upside.