AUDUSD was consolidating in August and has drawn a monthly inside bar in the upper part of the range. There is an RBA meeting scheduled on Tuesday, so we shall see some bigger movement in the pair. I expect the resistance at 0.8 to be broken and will try a long from about 0.7956, with a stop loss under 0.7926 and with the final target 0.813.
Read full story
Translate to Inglese Show original