From the last 3 RBA meetings (June, July & August) the decision to increase interest rates by 50bps resulted in a drop in AUDUSD (typically an interest rate hike should see the currency appreciate)
This move is likely due to the effect of a priced-in scenario where the decision had been signaled by the RBA and much anticipated by the market.
With the upcoming interest rate decision expected to present a 50bps rate hike again, the AUDUSD could reject the 0.6845 resistance level to trade lower towards the 0.6760 support level.
This move is likely due to the effect of a priced-in scenario where the decision had been signaled by the RBA and much anticipated by the market.
With the upcoming interest rate decision expected to present a 50bps rate hike again, the AUDUSD could reject the 0.6845 resistance level to trade lower towards the 0.6760 support level.
Join my mailing list jindaotai.com/joinme
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Join my mailing list jindaotai.com/joinme
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.