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Business / Finance

AUD/USD: the fall has not ended

Forex Club 20.05.2019 at 12:36

AUD/USD Strategy of the transaction Direction of transaction Selling Entrance (open price) 0,6940 Goal (closing price) 0,6850 Stop Loss at 0.7000 Horizon till 19.00 MSK 21.05.2019*

- confrontation between the US and China is detrimental to the economy of Australia, which is the largest partner China

- Unemployment is growing, and due to the loss of jobs from full-time employment

- Inflation expectations decline, which could force the Central Bank of Australia (RBA) to go for a rate cut at the next meeting

- Prices are fixed below the 50-day moving average

Options transaction

you Need to open a transaction in Libertex selling AUD/USD at price 0,6940 21.05.2019 no later than 06:00 GMT.

In the case of negative developments, the net loss will not exceed 1.6%.

If you want to get your position size multiplier, the potential profit and loss for Libertex, connect to the service Libertex Show .

Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee results.

the RBA, Australia, China, economy, libertex Displayed author: rogova-iv AUDUSD