The decrease in the interest rates from the RBA will influence the trading today. This decision is negative for the AUD, although there are possible corrective movements
EUR/AUD: 3 higher top, which shows that the long mid-term movement is in force. Formation is bullish, CCI(50) is over 0, price moves above the top line of the Bollinger which supports our expectations for long, stop loss is a must at 40 pips
EUR/USD also gives us signal for possible long. CCI(50) is above 0. Low volatility and consolidation, which rises the risk but levels are good for long with a stop slightly below 1.1294
GBP/JPY: negative movement is in force, CCI(50) is below 0. Price moves above MA13 and after that moves down, current levels are good for sell with a stop slightly above the top of the current bar at 176.27
AUD/JPY: strong negative movement, levels of support are breaked on Weekly timeframe, possibility the short to continue is big. Good levels for sell, after the correction
NZD/USD: also strong negative. The possibility for new negative momentum is very big
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