⭐️AUDUSD INFORMATION: The Cash Rate of the Reserve Bank of Australia (RBA) has increased by 25 basis points after a period of five months, reaching 4.35%. However, the initial rise in the AUD/USD currency pair was short-lived, and the pair subsequently declined to slightly above 0.64 levels. Analysts from Danske Bank are currently assessing the future prospects of the Australian dollar.
⭐️Personal comments NOVA: RSI shows oversoldness, there is quite a strong support zone here. Nova will give a BUY signal at this support zone
⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest