$AUD That was pretty hawkish. The hike was expected, but the unanimous decision was not. Another hike is now priced in by May, so a lot is priced into the curve, with the economic impacts of higher rates set to come through over the months ahead. Stopped post-meeting so all square now. Will let the dust settle and continue to look for HTF opportunities if/when presented.

Tom Capital
@Tom__Capital
02-02
$AUDUSD
🚨RBA Rate Decision Tomorrow – 25bp Hike Largely Priced In🚨
Quick reminder ahead of the big event.
My bearish bias on AUD remains firmly in place.
Recent price action – with the surge above 0.7050 looking increasingly extended/crowded – has only strengthened my x.com/Tom__Capital/s…
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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