EURAUD Long -
Updated
entered long here as price tagged and got absorbed around POC. could have been a better entry as price tagged S1 and immediately started to pull back to POC but quick absorption around it gave me confidence to hold overnight.
I booked majority position around 1:1 considering position of CPR and AUD cash rate news due to come in 2 hours.
Final target on EA. that too before cash rate comes out. I am full out here as price hit PD AVWAP and POC. will wait for the news to hit and then see what can be done here.
I booked majority position around 1:1 considering position of CPR and AUD cash rate news due to come in 2 hours.
Final target on EA. that too before cash rate comes out. I am full out here as price hit PD AVWAP and POC. will wait for the news to hit and then see what can be done here.
Trade closed: target reached
AUD rate remained par with expectations, no change. as anticipated this led to EA pushing north.
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