Eye on RBA CASH RATE on 4-March @ 1130am MYT
Price near monthly resistant zone
Sell bias on EurAud after RBA announcement
EurAud likely to surge IF RBA announces 25 points of rate cut into 0.50%
Stochastic at overbought region at M1,W1,D1,H4
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
Price near monthly resistant zone
Sell bias on EurAud after RBA announcement
EurAud likely to surge IF RBA announces 25 points of rate cut into 0.50%
Stochastic at overbought region at M1,W1,D1,H4
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority