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minyangshi9409
Feb 5, 2019 7:58 AM

BUY on 30 Mins Long

Australian Dollar/U.S. DollarFXCM

Description

RAB maintains the interest rate at 1.75%. However, it keeps optimism to Australia's economy and doesn't lower the economic outlook, which lets the dovish down.

The target is 0.7300.
Turning point: 0.7245.
Above 0.7245, bullish , target price is 0.7275, then 0.7300.
Under 0.7245, bearish , target price is set at 0.7225, then 0.7200.
RSI indicators reflect that it'll temperately correct.

Prior Strategy:
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