Great time 2 short with NFP underway
Updated
Important Comments in -Aud- Monetary Report
- RBA SoMP: Underlying Inflation To Remain Under 2% For Much Of Forecast Period, Reach 2 % By End 2018
- RBA SoMP: Judged Risks Associated With Rising House Prices And Debt Had Diminished
- A$ Remains Significant Source Of Uncertainty For Inflation, Growth Forecasts
- GDP Growth Looks To Have Moderated In Q2 As Net Exports Added Less
- Wage Growth Expected To Remain Low, Rise Modestly Out To 2018
Note
1st trade- ended with small pips after the retracement. 2nd run - reshorted at 0.771 . AU is near trend resistance on 2D chart ----> <deleted> Will add more shorts if Usd news is good 2morrow.
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