JohnKicklighter
Long

AUDUSD Breaks Channel after RBA Catalyst

FX:AUDUSD   Australian Dollar / U.S. Dollar
161 1 2
The RBA cut rates 25 bps             in both its February and May meetings, yet AUDUSD             remarkably held strong after initial losses in both instances. Debating a rate cut again this meeting, a hold gives a more decisive outcome.
Stop loss? I see your target at .7900+. Buy a dip or right here?
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