FX:AUDUSD   Australian Dollar / U.S. Dollar
174 4 3
This is purely a speculative play on the RBA rate decision tomorrow. It is HIGHLY likely that the RBA cuts the cash by 0.25% which if it occurs should see the support at 0.7800 breached easily. Other bearish factors at play are lower China GDP expectations and a resurgence of the USD bulls on a possible NFP recovery from the last weak number.
-1 Reply
good idea sir please mention the entry point sl or tp your all ideas
The TP and SL are shown in the chart :)
Banker928 Banker928
0.7800 is entry 0.7850 is SL and 0.7685 is TP.
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