I’ll still be cautious towards trading on sustained USD strength, especially seeing today’s price retracement.
Take note of AUD retail and rate decision tomorrow. The AUDUSD came off the 0.8110 high, bouncing off 0.7900. While I do not expect any rate change, it’ll be important to pay attention to the RBA’s rate statement, and on their expectation and actions to deal with the appreciating AUD. This could give us a good hint on future movements of the AUDUSD.
Take note of AUD retail and rate decision tomorrow. The AUDUSD came off the 0.8110 high, bouncing off 0.7900. While I do not expect any rate change, it’ll be important to pay attention to the RBA’s rate statement, and on their expectation and actions to deal with the appreciating AUD. This could give us a good hint on future movements of the AUDUSD.
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Join my mailing list jindaotai.com/joinme
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.