EXNESS - Analytics


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    AUDUSD: under pressure after the publication of the RBA minutes

    Sell on a level breakthrough of 0.7478 with 0.7425 target. Stop loss = 0.7528. 

    Reason for the trading strategy

     The minutes of the previous RBA meeting were published today. It was mentioned in them that the low inflation in the country provided room for the rate reduction.  The implementation of this scenario would be possible with a decrease in the prices for raw materials.

    AUDUSD, H1

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