AUD/USD Falls Further as RBA Says it's Ready for QE


Direct from the desk of Dane Williams,
This is not your average forex broker blog.

AUD/USD Daily:

The Reserve Bank of Australia has said it stands ready to buy Australian governent bonds - Yep, that's Quantative Easing (QE).

On the back of last week's AUD/USD rational price action that saw price retest previous higher time support as resistance, things are set to get worse for the Aussie.

60c is the GFC low and next higher time frame level of support...

Best of probabilities to you,


@forexbrokr | Steem Blog

Market Analyst and Forex Broker.

Twitter: @forexbrokr

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  trending

Congratulations @forexbrokr! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 3500 comments. Your next target is to reach 4000 comments.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Provided at least a bit of value, I hope.