AUD,NZD/Flows and Orders

AUD choppy after RBA stays on hold; buy-dips preferred in short-term

No real surprises but it seems the market heard something bearish in the statement as AUD/USD went .9690 offered before jumping up to .9735 paid.

I prefer the short-term buy-dip play now that the RBA decision is behind us.

  1. Good evening Sean,

    Well done for your cable trade 😉 . What do you think to buy on AUD/USD near .9660/50 with SL under .9600 with TP : .9930 ? By the way, you were right yesterday with USD/JPY at 100.00. The first impact could be on EUR.JPY to get soon some opportunities on this cross (sell rallies).

  2. Hi Papillon, yes got lucky again. Not sure on AUD at moment, but would not leave firm buy ordes just yet, best wait n see how it looks. I like the s/t sell Yen crosses idea. Maybe EUR/JPY? I’ve been studying it, will let yu know if I see any opportuni

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