Trading has been bit thin after the storm of Brexit that took all the currencies in to strong selling zone but Australian dollar has recover and reach to the level prior to the decision made by U.K voters. Outlook somewhat is quite bullish and with no expectation from the board members as they would like to keep the benchmark cash rate to record low around 1.75 for deposits, But there would be a RBA statement after that which would be a point of focus for traders.
Trade Ideas for Strong trending Pairs.
Trade recommendations for aud/cad and aud/chf which has been trending nicely after failure to hold the lows and looking to test the high and this should be a good time to add fresh longs to existing positions.
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