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EURAUD: Expecting ECB to be more hawkish than RBA this week

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Where the ECB is being hawkish on rate hikes and has room for manoeuvre, the RBA is trying to be hawkish, but has less room due to low consumer sentiment / general backlash due to the increasing costs due to interest rates - it also seems as though inflation may have peaked, we'll find out soon enough if it's stabilising...

In terms of price action, we look to have broken a descending dynamic trendline and we're retesting, I then expect a move up to 1.563 to test this resistance in the coming week.
トレード終了: 利益確定目標に到達

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