if RBA cut rates........... Short

Australian Dollar/Japanese YenFXCM

Description

⋅ Jun 5, 2016 6:57 PM

Definable R:R level for a short entry; if RBA decide to cut rate or speak in a more dovish tone.

only threat is a risk-on sentiment which is highly unlikely in the first half of the week.

0.5% to 1% of your account size would be ideal