ZachMariani

long EURAUD going into the AUD rate decision on Tuesday

Long
FX_IDC:EURAUD   Euro / Australian Dollar
4
I am going long on the EURAUD going into the AUD rate decision on Tuesday. Although rates will remain unchanged the Australian central bank will deliver seriously bearish news and it will put a damper on all AUD crosses. I have the most faith in the EUR going into this week with strong data coming out of Spain and the French election dissipating politic risk in the Eurozone.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.