Weak Capex a Chance to add Into AUD/USD Shorts

in #forex6 years ago

"AUD capex data for Q2, headline: -2.5% (expected 0.6%)"

With AUD/USD continuing to roll over due to weak capex data, markets are giving us the chance to add into any existing shorts:

With price pulling back into a spot of previous intraday support, a headline miss like that is only going to do one thing to price.

Cheerio.

Now, if only that DXY support zone would properly hold...

Best of probabilities to you.



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