Short on possible pullback to 0.721
If not,
SL: 0.735
TP: (tbd)
RBA may cut i/r. (www.businessinsider....g-rates-again-2016-5)
U.S. highly likely to increase i/r given that U.S. new home sales soared to the highest level since the start of 2008 in April.
Next event to look out: June 6-7 Fed Chair Janet Yellen speak.
If not,
SL: 0.735
TP: (tbd)
RBA may cut i/r. (www.businessinsider....g-rates-again-2016-5)
U.S. highly likely to increase i/r given that U.S. new home sales soared to the highest level since the start of 2008 in April.
Next event to look out: June 6-7 Fed Chair Janet Yellen speak.
Trade active:
Entered @ 0.72