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AUD/USD Signal - RBA Meeting Minutes - 21 May 2019

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Signal Details
Entry Price: 
0.6920
Take Profit: 
0.6870
Stop Loss: 
0.6940
Direction: 
Low
Result: 
Profit
How we trade
4.9/5 of 13 ratings

This week, AUDUSD opened with a bullish gap, but the gains could be limited ahead of the RBA minutes. The Reserve Bank of Australia might cut benchmark interest rates in June. Traders will focus on the RBA monetary policy meeting and Fed's Chair Powell speech.

audusd signal 21 may 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.