LONG on 30 Mins
Although the employment data released today morning is outstanding, WESTPAC still forecasts RBA will cut the rate in this August and November. It makes Aussie dropped over 60 pips after the data. Aussie is still weak in G10 currencies. Aussie will continuously rise against most major crosses in short term, helped by continued buying in the Chinese yuan and firmer commodity prices like iron ore.
Prior Strategy:
Prior Strategy:
Note
The influence of WESTPAC's report is huge and creepy.
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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.