The rate cut speculation vs. rate decision are two different reaction. If the market speculated that probability f rate cut is high then all these numbers are setup for good size dip. However, if the rate cut doesn't happen then it triggers short ...
AUD Long term is Uptrend >>> I'm Position trader so I risk my buy order small for handle Volatility >>> last month AUD is easy to Trade cause people don't actually look at this currency >>> but now More player enter care your position both buy or ...
I'm bearish on USD/CAD until Friday, because is very possible that all CPI indexes and Retail data will be negative, meaning that USD/CAD will be higher later... Happy trading everybody!!!