EXNESS - Analytics

    EXNESS

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    AUDUSD: growth after the RBA meeting

    Buy on a level breakthrough of 0.7441 with 0.7550 target. Stop loss = 0.7390.

    Reason for the trading strategy

    Today, the Reserve Bank of Australia kept its key interest rate unchanged at 1.75%. The regulator noted a development of positive trends in the national economy (the growth in housing prices, exports, lending to companies). The news has supported the Aussie.

     

    AUDUSD, H4

     


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