AUDNZD: Australian resists
Updated
Following the results of today's meeting on the RBA monetary policy, the head of the Central Bank F. Lowe has presented an accompanying statement on monetary policy. According to the statement, the rate will not be raised until 2024. Analysts predict that the economic expansion of Australia would continue in the near future, after a series of measures (for example, vaccinations, which should strengthen the labor market).
Against the backdrop of such news events, the Australian strengthens its position against the New Zealander. AUD is expected to recover further from the fall in the summer in the near future.
Proposed deal for this tool:
Entry Point - 1.04606 (BUY-Stop)
Stop Loss - 1.04349
Take Profit - 1.04863
Against the backdrop of such news events, the Australian strengthens its position against the New Zealander. AUD is expected to recover further from the fall in the summer in the near future.
Proposed deal for this tool:
Entry Point - 1.04606 (BUY-Stop)
Stop Loss - 1.04349
Take Profit - 1.04863
Trade closed: target reached
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