The first Tuesday of the month usually has the AUD rate call.
There is some expectation of a rate cut on the AUD. However we see a good opportunity to long AUDCAD at around 0.95.
In addition to being a round number there is a bat pattern at this level and also an M30 pattern as well.
There is some expectation of a rate cut on the AUD. However we see a good opportunity to long AUDCAD at around 0.95.
In addition to being a round number there is a bat pattern at this level and also an M30 pattern as well.
