BI 160 x 600 Feb copy (2)
BI 160 x 600 Feb copy (2)
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SEB sell order on AUD/USD

 

Trading company SEB have suggest to clients to get short AUD/USD. They report “the RBA left its cash rate unchanged at today’s meeting. However, the statement gives a clear signal more rate cuts should come. The AUD appreciated following the decision as a rate cut was widely expected. Use this uptick as an opportunity to short the AUD/USD”.

Sell AUD/USD at 0.7810 targeting 0.73, stop loss on daily close above 0.7930.

Source: SEB



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