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 |
| Order | Buy |
| Buy stop | Above 0.6473 |
| Stop loss | Below 0.6401 |
Market Analysis provided by IFCMarkets