I speculated that the RBA would cut rates at the meeting in the beginning of May and went short with a profit target of 73. This has almost been met, providing us with a buy opportunity at the very strong level of structure, indicated by the horizontal black line.
Could buy now or at 73.
Could buy now or at 73.
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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.