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AUD/NZD Signal - AUD RBA Kent's Speech - 17 November 2020

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Signal Details
Entry Price: 
1.0600
Take Profit: 
1.0555
Stop Loss: 
1.0635
Direction: 
Sell
Result: 
Profit
How we trade
Average: 5 (1 vote)

AUDNZD has found resistance at the november open level prior to RBA Kent's Speech. Kent is the Assistant Governor (Economic) at the Reserve Bank of Australia, and his speech will likely give further insight into the RBA's economic outlook. We anticipate downside on the AUDNZD into the 1.0555 level.

Submitted by Toni H. on Mon, 16 Nov 2020 21:16:44 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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