EXNESS - Analytics

    EXNESS

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    AUDUSD: under pressure after the publication of the RBA minutes

    Sell on a level breakthrough of 0.7324 with 0.7250 target. Stop loss = 0.7374.

    Reason for the trading strategy

    According to the minutes of the previous RBA meeting, the national regulator considers it appropriate to retain its key interest rate at the level of 2%. However, in his opinion, the further decline in the Australian dollar is both likely and necessary.
     

    AUDUSD, H4

    AUDUSD


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