We have held a short view on AUDUSD for a while but believe it is time to change our view to neutral given the massive downward move in the currency pair in the past few trading sessions. The FED has recently cut rate by 150 bps recently and even though with the continued spread of the coronavirus we can't see a rebound in AUDUSD we are awaiting further developments before having a directional view.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.