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AUDUSD Signal - RBA Interest Rate Decision - 1st November 2022

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Signal Details
Entry Price: 
0.64020
Take Profit: 
0.66024
Stop Loss: 
0.63400
Direction: 
Buy
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AUDUSD has made a strong retracement over the last few days after weeks in a downtrend. We anticipate this retracement to continue to the upside ahead of economic announcements from both the RBA and the Fed in the coming days.

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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.