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AUD/USD Signal - RBA Meeting Minutes - 16 Apr 2019

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Signal Details
Entry Price: 
0.7150
Take Profit: 
0.7120
Stop Loss: 
0.7170
Direction: 
Low
Result: 
Loss
How we trade
5/5 of 6 ratings

The Aussie slipped on the some RBA dovish comments. According to the recent bank's statement, the likelihood of near term rise in rates is low. We might see the Australian dollar sinks further if the US Industrial Production beats the estimates.

audusd signal 16 apr 2019

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.