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AUDUSD Signal - RBA Interest Rate Decision 4th September 2022

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Signal Details
Entry Price: 
0.6526
Take Profit: 
0.66275
Stop Loss: 
0.64867
Direction: 
Buy
How we trade
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The AUD has bounced back a little from some 2 year lows in the previous week prior to upcoming economic announcements. If the AUD can close above the week long resistance level at 0.65250 we anticipate a resurgence to the next daily close at 0.66275 if not further.

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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.