retracement is possible now ...
but the new bottom signals that the market is anticipating a rate cut on the 10th.
If you take a look in the history of the cash rate you will see, that there was no rate cut that goes by itself. Once the Reserve Bank cuts the rates there are at least 2 more to go.
but the new bottom signals that the market is anticipating a rate cut on the 10th.
If you take a look in the history of the cash rate you will see, that there was no rate cut that goes by itself. Once the Reserve Bank cuts the rates there are at least 2 more to go.