Traders:
Today AU Reserve Bank of Au rate decision will be released.
Hopefull it will remain the same rate.
And AUDUSD will be stimulated at the first few minutes.
Back to the chart, AUDUSD already made a new descending channel to guide us now.
And inside the channel, we found a retracment following a ascending channel is about to be finished with a double top and RSI 4HDIV.
Therefore ,find your short place when the rate news released.
This is for a midterm trade.
Less is more!
Today AU Reserve Bank of Au rate decision will be released.
Hopefull it will remain the same rate.
And AUDUSD will be stimulated at the first few minutes.
Back to the chart, AUDUSD already made a new descending channel to guide us now.
And inside the channel, we found a retracment following a ascending channel is about to be finished with a double top and RSI 4HDIV.
Therefore ,find your short place when the rate news released.
This is for a midterm trade.
Less is more!
