The first Tuesday of the month usually has the AUD rate call.
There is some expectation of a rate cut on the AUD. However we see a good opportunity to long AUDCAD at around 0.95.
In addition to being a round number there is a bat pattern at this level and also an M30 pattern as well.
There is some expectation of a rate cut on the AUD. However we see a good opportunity to long AUDCAD at around 0.95.
In addition to being a round number there is a bat pattern at this level and also an M30 pattern as well.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.