go short
Comment:
maybe broke the support and go to down 0.75500
Comment:
On Tuesday the RBA is having an annual meeting whether a cash rate hike is needed.The last 7 meetings ended without any change in the rate(1,50%).The expectations are for the rate to stay on its current level.This coul be a fact ,because RBA is trying to maintain a balanced policy ,also Reserve Bank governor Philip Lowe often speaks about keeping rates on hold to balance the need to boost inflation while maintaining financial stability amid record household debt.We believe that there won’t be a change in the cash rate,so I recommend following our technical analys for the weekend.
Comment:
nice go to 0.75500
