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AUDUSD Signal - RBA Interest Rate Decision - 6th December 2022

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Signal Details
Entry Price: 
0.66980
Take Profit: 
0.68000
Stop Loss: 
0.66634
Direction: 
Buy
How we trade
Average: 5 (1 vote)

AUDUSD fell dramatically last night to the existing trendline, we anticipate a bounce off this trendline into the region of the previous high around 0.68000 ahead of the RBA's economic announcement.

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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.