EXNESS - Analytics

    EXNESS

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    AUDUSD: growth against the background of preservation of the key interest rate in Australia

    Buy on a level breakthrough of 0.7133 with 0.7275 target. Stop loss = 0.7080.

    Reason for the trading strategy

    The Aussie has ignored the August statistics on Australia's foreign trade and grew against the background of the RBA preserving the key interest rate at 2%.According to the regulator, the Australian economy continues to grow moderately, while the volatility of the stock markets does not disturb the financial markets' functioning.

     

    AUDUSD, H4

    AUDUSD


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