Forex Trading 2018- TA/FA- Setups and discussion, page-3195

RBA Commodity Index SDR (YoY) came out today and was 3x better than estimated. 3.6% actual, 1.2% consensus.

Immediately bought AUD/USD and rode 20 pts off it.

Was supposed to be a rather insignificant announcement, but can't ignore 3x expectations.

Back in @ 0.75430 bouncing off a pretty strong trend line.


USD nonfarm payrolls coming out in 2.5hrs, so I won't be going long on AUD for much longer as US fundamentals have been quite strong recently.