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capitalpropertiesfx
May 4, 2015 2:28 PM

AUDUSD ahead of the RBA 

Australian Dollar/U.S. DollarFXCM

Description

Rumours are that the RBA will cut the rates later today but as we all know, when it comes to central banks, anything is possible. Hence, I'm not interested in trading the Cash Rate annoucement and instead I'll be keeping an eye on my Area of interest. If price goes through that area, without even stopping, then most likely new lows below 0.7530 become very likely.
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