By IFCMarkets
Rising trade surplus in Australia bullish for AUDUSD
Australia’s trade surplus rose in March: the surplus rose to A$10.6 billion in March from A$3.87 billion in prior month, when an increase to A$6.4 billion was expected. This is bullish for AUDUSD.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Buy | |
Donchian Channel | Buy | |
MA(200) | Sell | |
Fractals | Buy | |
Parabolic SAR | Buy |
Summary of technical analysis
Order | Buy |
Buy stop | Above 0.6473 |
Stop loss | Below 0.6401 |
Market Analysis provided by IFCMarkets