Instrument: AUDUSD
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 0.74473 with take profit at 0.74598.
Bearish Preference:
A Sell position is envisaged if price trades below price 0.74214 with take profit at 0.74103.
Fundamentals:
1:30pm USD Core Retail Sales m/m
USD Retail Sales m/m
Comment: The dollar was down on Friday morning in Asia, set for its first weekly decline since the start of September. It retreated from a one-year high as investors focus on when the U.S. Federal Reserve will start to hike interest rates.
Analysis: SCRUM Team