EXNESS - Analytics

    EXNESS

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    AUDUSD: growth after publication of the RBA minutes

    Buy on a level breakthrough of 0.7503 with 0.7575 target. Stop loss = 0.7450. 

    Reason for the trading strategy

    The RBA minutes for June, which supported the Aussie, were published today. According to the regulator, the inflation in the country is returning to the target level, and the rate of the GDP growth in Q1 turned out to be about 0.5 p. p. higher than expected.

     

    AUDUSD, Daily

     


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