Dolar Australia / Dolar A.S.
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AUD preparing for a big move either way!

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RBA is around the corner which means that increased volatility and liquidity grabs are happening...

Institutional management and Asset managers increased their short positions to the following
94,473
+10,120 from last week

If RBA surprises expect a massive short squeeze and stop loss hunters to commence, if RBA pauses it will be dovish but expected, so the path of least resistance is to the down side.

I have highlighted order blocks where buyers/Sellers could be waiting, pay attention to the price action around those areas.

Wait, react and do not predict!
Dagangan ditutup: sasaran tercapai
Target reached after breaking yesterday's high, RBA shocked and triggered my long position, due to NFP and FED decision coming tomorrow I decided to close the trade at 56 pips.

Penafian

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