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    Jun 2nd 2008

    Technical Trade - A Hawkish AUD Ahead of AUD/USD

    2 Comments Jude AUDUSD, forex signals 2 years, 3 months ago

    It’s just a few hours away before the announcement of key interest rates from Reserve Bank of Australia (RBA) for AUD. All technicals seem to be pointing a bear for the AUD.

    AUD/ USD 4 Hour Chart

    AUDUSD on 4 Hour before RBA Interest Rate Announcement

    200 EMA/SMA is right at the bottom with a trendline which looks very vulnerable to break. MACD/ Stochastics is looking and waiting for the decisive moment to crossover as well.

    Read the full post of Technical Trade - A Hawkish AUD Ahead of AUD/USD

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