12:30am (NY Time) AU RBA Rate Decision Forecast 3.00% Previous 3.00%
ACTION: AUD/USD N/A
It’s a detailed record of the RBA Reserve Bank Board’s most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates.
UPDATE: RBA decided to keep rates unchanged and was optimistic over the future, however my initial analysis was correct on the profit taking and correction. Even though I decided to take a small loss on this trade of 3 pips, market eventually moved in the direction of my trade, had I held on to the trade, I would have made over 50+ pips, but since we’ve got many other news coming out, it was best to stay out of the market. Overall analysis was correct, therefore take a moment and listen to it if you’ve got the time.