The Australian dollar continues to strengthen against the single European currency. Yesterday, the Australian Bureau of Statistics said that the total number of home loans issued in Australia decreased by a seasonally adjusted -0.9% compared with the previous month, reaching 51,967. Although, economists expected a more significant decrease but -1.5%.
Technical indicators Ichimoku (price below the cloud, the line of the short-term trend Tenkan and the line of the medium-term trend Kijun move horizontally) and RSI (below level 50). Consider the sale after breaking through the level of 1.5805. Aim to reduce 1.5710.
Technical indicators Ichimoku (price below the cloud, the line of the short-term trend Tenkan and the line of the medium-term trend Kijun move horizontally) and RSI (below level 50). Consider the sale after breaking through the level of 1.5805. Aim to reduce 1.5710.