vin001

Long if RBA doent cut rates and short if RBA cut too much than e

FX:AUDCAD   Australian Dollar/Canadian Dollar
20 0 2
If RBA doesn't cut rates + oil             market is coming down and china is doing well; there is a decent opportunity to long AUDCAD             ,especially if it breaks weekly highs.

Shorting AUDCAD             also can be considered if RBA cut interest rate more than expected and sounds dovish irrespective of Oil             market. if China data shows further contraction; this would add confidence to a short position.


Very good technical area for both longs and shorts as per traders conviction
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