D-Rod

Great time 2 short with NFP underway

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
281 0 4
Important Comments in -Aud- Monetary Report
  • RBA SoMP: Underlying Inflation To Remain Under 2% For Much Of Forecast Period, Reach 2 % By End 2018
  • RBA SoMP: Judged Risks Associated With Rising House Prices And Debt Had Diminished
  • A$ Remains Significant Source Of Uncertainty For Inflation , Growth Forecasts
  • GDP Growth Looks To Have Moderated In Q2 As Net Exports Added Less
    - Wage Growth Expected To Remain Low, Rise Modestly Out To 2018

Comment: 1st trade- ended with small pips after the retracement. 2nd run - reshorted at 0.771 . AU is near trend resistance on 2D chart ----> Will add more shorts if Usd news is good 2morrow.
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