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AUDUSD takes the high road after the RBA rate cut

Discussion in 'Technical Analysis' started by ForexLive, Aug 2, 2016.

  1. ForexLive

    ForexLive Forum Member

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    AUD keeps steaming higher despite the RBA rate cut The mere 60 odd pip loss that came around the RBA cut was as simple a signal as we could get that this baby wasn't going down. I thought we would see 100 pips at the low end on a cut, and it didn't come close.

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