Preferred direction: BUY
Comment: One of the most important events of this trading week is, of course, the RBA's interest rate decision and accompanying statements. At the moment, all previous sales have been closed, and strengthening against the US dollar is expected. Two scenarios are ready for your attention, and the first one is already in progress. We place the second one in the format of a pending order, since no one canceled the volatility at the time of the data release and comments. The main target of such an aggressive trade is located at the level of 0.65848.
Thank you for like and share your views!
Comment: One of the most important events of this trading week is, of course, the RBA's interest rate decision and accompanying statements. At the moment, all previous sales have been closed, and strengthening against the US dollar is expected. Two scenarios are ready for your attention, and the first one is already in progress. We place the second one in the format of a pending order, since no one canceled the volatility at the time of the data release and comments. The main target of such an aggressive trade is located at the level of 0.65848.
Thank you for like and share your views!
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