AUD 2020

Discussion in 'Living Room' started by MTR, 5th Feb, 2020.

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  1. MTR

    MTR Material Girl Premium Member

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  2. Piston_Broke

    Piston_Broke Well-Known Member

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    Looks like interest rates are getting cut and the AUD will hit low 60s if the US has no change.

    From a TA standpoint If I was trading would be long at 67.1 with a partial TP target of 70 and a longer target of 72.
    So would be betting that the US decreases rates.
    And if trading t bonds I would be targeting a rate of 1.2% on the short side.
     
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  3. Archaon

    Archaon Well-Known Member

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    10 year low and seems we are in a slowing economy as well, very little exports to the rest of the world...
     
  4. Phar Lap

    Phar Lap Well-Known Member

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  5. MTR

    MTR Material Girl Premium Member

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  6. marmot

    marmot Well-Known Member

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