Negative deflation factors mean lower commodity prices, risk assets, and Aussie is exposed to housing price collapse, banking sector pin-prick to the bubble, and general recessionary effects coming.
Retest of lows expected.
Price: 0.6236
Stop: 0.6270
TP1: 0.6100
TP2: 0.5800
Retest of lows expected.
Price: 0.6236
Stop: 0.6270
TP1: 0.6100
TP2: 0.5800
Trade closed: stop reached
will re-enter soonTrade active
re-entered short from original idea. Price: 0.6445
Stop: 0.6500
TP1: 0.6270
TP2: 0.6100
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.