With the RBA Policy Meeting Minutes due to be released at 02:30GMT we should have the catalyst we are looking for to move AUDNZD.
With the Kiwi being weak recently and a number of AUD pairs at support/resistance, a hawkish tone from the RBA could send this pair higher.
If we see a dovish tone out of the RBA then we favour a short on the AUDJPY back down into the 85.500 zone.
With the Kiwi being weak recently and a number of AUD pairs at support/resistance, a hawkish tone from the RBA could send this pair higher.
If we see a dovish tone out of the RBA then we favour a short on the AUDJPY back down into the 85.500 zone.
Comment:
p.s. 185 pips and counting...
Comment:
This trade is still running nicely for us at +200 pips profit.
Stops have been rolled up to below last swing low to lock in a minimum of 135 pips profit.
#trademanagement
Stops have been rolled up to below last swing low to lock in a minimum of 135 pips profit.
#trademanagement
We have now made a new swing high and swing low, so stops have been rolled up to lock in more proft.
#trademanagement