AUD - BEARISH
1️⃣ RBA Governor Phillip Lowe said in his address to the house of representatives committee that the RBA will keep buying state and federal government bonds after the current buying program completes in April, noting that bond purchases have helped to lower interest rates and meant that the Australian dollar is lower than it otherwise would have been.
USD - BULLISH
1️⃣ Job growth is seen rebounding after a surprise drop in the previous month.
2️⃣ US GDP managed to grow in Q4 while the Euro Area economy contracted after renewed coronavirus-induced restrictions.
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Technical
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We are selling the AUDUSD at SBR + below SMA 50 on the H1 chart.
1️⃣ RBA Governor Phillip Lowe said in his address to the house of representatives committee that the RBA will keep buying state and federal government bonds after the current buying program completes in April, noting that bond purchases have helped to lower interest rates and meant that the Australian dollar is lower than it otherwise would have been.
USD - BULLISH
1️⃣ Job growth is seen rebounding after a surprise drop in the previous month.
2️⃣ US GDP managed to grow in Q4 while the Euro Area economy contracted after renewed coronavirus-induced restrictions.
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Technical
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We are selling the AUDUSD at SBR + below SMA 50 on the H1 chart.
Trade active
Trade closed: stop reached:
❌ TRADE HAS HIT STOP LOSS
-30 PIPS
-30 PIPS