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jessi061
Dec 17, 2019 5:02 PM

AUDUSD Trade Opinion and Idea Short

AUD/USDOANDA

Description

A somewhat dovish set of RBA meeting minutes and a round of negative risk sentiment (likely on the renewed possibility of a no-deal Brexit) has pushed AUD/USD lower. Potential catalysts from upcoming Fed speak and more Australian economic updates later, there is a possibility that we could still see volatility on this pair. If we do see some non-dovish comments from Fed officials combined with a poor Australian leading index and some us-sino negative risk sentiment reports Aussie will have pressure and greenback may drag it further lower.
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