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AUDUSD Signal - RBA Meeting Minutes 20th December 2022

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Signal Details
Entry Price: 
0.6698
Take Profit: 
0.6530
Stop Loss: 
0.6767
Direction: 
Sell
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AUDUSD dropped dramatically at the end of last week to below the existing trendline. It has now entered a period of consolidation prior to an economic announcement. We anticipate further movement to the downside to the region of the next Fib level around 0.6530.

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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.