This is referring to initial AUDUSD plan (below)
RBA was less dovish than what the "market" expected. Technically, i was hoping the price would go up, which it did, and tap into chunks of buy orders. I am still bearish the Aussie in spite of that RBA statement. Even if his words had much more weight than just a spike reaction (in truth, it was an opportunity to load positions from the bank, the liquidity run), I THINK (an opinion, don't need your bark as if I am saying it like its fact) its priced in already. I could be wrong and I don't care. I will react what the chart is telling me.
And the reaction would be a bearish signal at any point of the day, I will short AUDUSD since price have gone into the minimal point for me to short. (refer to the initial post)
There is no risk event for Australia, HOWEVER, there is a rate decision from the RBNZ which could effect this pair via AUDNZD.
RBA was less dovish than what the "market" expected. Technically, i was hoping the price would go up, which it did, and tap into chunks of buy orders. I am still bearish the Aussie in spite of that RBA statement. Even if his words had much more weight than just a spike reaction (in truth, it was an opportunity to load positions from the bank, the liquidity run), I THINK (an opinion, don't need your bark as if I am saying it like its fact) its priced in already. I could be wrong and I don't care. I will react what the chart is telling me.
And the reaction would be a bearish signal at any point of the day, I will short AUDUSD since price have gone into the minimal point for me to short. (refer to the initial post)
There is no risk event for Australia, HOWEVER, there is a rate decision from the RBNZ which could effect this pair via AUDNZD.