This is a chart for KHL subscribers. You can see how the Aussie dollar interacts with the key levels generated by price action around interest rate decisions and RBA meetings in general. The purple lines are when they effectively cut the cash rate, and light blue ones are when they leave them unchanged.
With the aid of rgmov, cci and these key levels, plus price action analysis using the TW_UB and options s/r, and R.E.Signal indicators, you can easily determine where to take trades from, and wether to long or short.
Cheers,
Ivan Labrie.
With the aid of rgmov, cci and these key levels, plus price action analysis using the TW_UB and options s/r, and R.E.Signal indicators, you can easily determine where to take trades from, and wether to long or short.
Cheers,
Ivan Labrie.
Comment:
Approaching the upper rate cut key level.
