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AUD/USD Signal - AUD RBA Meeting Minutes - 15 Sep 2020

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Signal Details
Entry Price: 
0.7267
Take Profit: 
0.7405
Stop Loss: 
0.7223
Direction: 
Buy
How we trade
Average: 5 (1 vote)

AUD/USD is currently selling prior to the RBA minutes. The meeting minutes detail the discussions taken place while deciding the interest rate decision, and is a high impact economic event. We are anticipating AUD strength following the meeting minutes release. Technically the pair is trading above the 100 & 200 moving averages, with them acting as support. We anticipate upside into the 0.7405 level.

Submitted by Toni H. on Tue, 15 Sep 2020 00:41:26 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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