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Marc_Hav
Jun 23, 2019 1:22 PM

$AUDUSD Opportunity for a multi-year long going at least to 0.80 Long

Australian Dollar/U.S. DollarFXCM

Description

With the Fed signalling at least one and maybe two rate cuts in 2019 the RBA will probably not feel the need to cut more.
Next RBA meeting is on 2 July 2019, the situation will become clear then.
For now, definitely worth a good shot on the long side as long as there is close above 0.6860.
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