AUDUSD: possible scenario

2020-02-04 13:43:18

RBA interest rate decision remained unchanged (0.75%), while the market was pricing interest rate cut.. that's why AUD is bullish at the moment..

..however global uncertainty around China might put another selling pressure on AUDUSD.

Joining bears from 0.674-0.6779 price zone with 0.665 T/P provides decent R:R (at least 2.31).

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