Rimani 
Condizioni di trading
Strumenti
AUD/USD dropped significantly and now it stands at 0.7174 far below yesterday's high of 0.7269. It has accelerated its sell-off as the Dollar Index rallied after the FOMC Meeting Minutes.
The pair has recovered a little in the last hours only because the DXY slipped lower from today's high of 93.52. AUD/USD is still under massive pressure, so a temporary rebound could only help us to catch a new downside movement.
The aussie has plunged despite the fact that the Australian data came in better than expected in the early morning. The Unemployment Rate dropped from 4.9% to 4.6%, even if specialists have expected to see an increase to 5.0%, while the Unemployment Change was reported at 2.2K versus -45K expected.
On the other hand, the US Unemployment Claims dropped from 377K to 348K, far below 362K expected.
AUD/USD has dropped as much as the 0.7144 level. Now it has raised a little to retest the broken lower median line (lml). It has dropped within the descending pitchfork's body. For the first time, AUD/USD could stabilize outside of the pitchfork's body.
Stabilizing under the lower median line (lml) could signal a further drop towards the 150% Fibonacci line or even lower towards the 0.7100 psychological level.
The bias is bearish, so AUD/USD could drop towards 0.7100 in the short term. Only a strong bullish pattern could announce a new leg higher and could bring us new long opportunities. We cannot talk about this scenario as long as AUD/USD is strongly bearish.
The lower median line (lml) retest could bring new short opportunities, bearish signals, on lower timeframes.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
