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Australian Dollar Technical Analysis 

by Neville Hornsey
27 April 2022
in Forex
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With inflation reaching 20-year highs in the latest CPI report today, we are expecting the Australian dollar to continue doing well against its peers. This is because commodities generally do well in this sort of economic environment, and the AUD is tied to commodity prices. Not all crosses will follow this narrative, so using an end of day strategy I hope to avoid the chop and keep with the higher timeframe trend. 

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:28 AUD/JPY

4:01 AUD/NZD

5:11 AUD/USD

7:27 EUR/AUD

8:42 GBP/AUD

Tags: AUDJPYAUDNZDAUDUSDEURAUDGBPAUD
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