Trading the AUD Monetary Policy Meeting Minutes

FX:AUDUSD   澳幣 / 美元
152 0
Following from the weak US economic data last friday, further weakness in the USD is anticipated for the weak ahead.

However, on Tuesday morning , the RBA will be releasing the meeting minutes form the rate decision.

I expect a hawkish tone in the minutes, given that economic data for the AUD has been improving.

Therefore, after the release, if price is able to break the resistance level , I would be looking for a long position.
評論: as expected, weaker USD, leading the aud above resistance.

however, with the minutes due tomorrow morning, i'd still wait for the release before an entry
取消訂單: no trade materialised as price did not manage to break and close above the resistance level
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