AUD up on China stimulus rumours

AUD/USD is rallying on the back of market rumours that China will announce a stimulus package tonight.

  1. Don’t think so Jack, don’t like the sell AUD/USD play. Maybe try selling .9300/20 with stop-reverse above 9350 but otherwise buy-big-dips in my very biased opinion

  2. noted, thanks, but I just shift to focus on EURAUD, after the H&S, this pair are just keep in range 1.465& 1.445, yesterday FXWW888 has post the chart for this pair, I think this pair may turn lower first before keep pushing higher, the daily MACD are divergence,and it been like nonstop push up from 1.227, how yours view??Thanks

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