Catalyst:
AUD Employment Change 5.9K
AUD Jobless Rate 5.2%
RBA
- The central bank will keep doing what is necessary to meet the 3-year yield goal
- GDP could significantly fall in the second quarter and remain subdued in Q3
- Risks in commercial property warrants close monitoring (BBG)
RBA Governor Lowe
- Likely that Y/Y inflation will be negative in Q2
- Not seeing signs of any stress in the Australian financial system
- Will have low-interest rates for a very long time
PS: This trade fails if it can breakout and close below the support
AUD Employment Change 5.9K
AUD Jobless Rate 5.2%
RBA
- The central bank will keep doing what is necessary to meet the 3-year yield goal
- GDP could significantly fall in the second quarter and remain subdued in Q3
- Risks in commercial property warrants close monitoring (BBG)
RBA Governor Lowe
- Likely that Y/Y inflation will be negative in Q2
- Not seeing signs of any stress in the Australian financial system
- Will have low-interest rates for a very long time
PS: This trade fails if it can breakout and close below the support
Trade active
Comment:
adding more buy
Trade active:
It has reached the first target at the minor trendline. Currently, waiting for the US data. We will be adding more buy if it can break out and close above the minor TL, or we will sell if it rejecting the minor TL.
Trade active:
US Jobless claims 4427K
Trade active:
Potential a retest after the breakout
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