Currency call summary 06 09 2021:
The AUDUSD & NZDUD was in focus for today's currency call with Gim Hong discussing the NFP result from Friday night last week https://www.youtube.com/watch?... and the RBA Rates Decision coming out tomorrow afternoon at 12:30pm GMT+8 is discussed in this video and how it could lead to any possible trade ideas https://www.youtube.com/watch?.... For the AUDUSD selling opportunities are possible if price can get through 0.7357 entering here with a 40 pip stop loss and 80 pip take profit, this would be in line with the RBA not announcing tapering in tomorrow's RBA meeting. Alternatively a buy trade is possible if price get through 0.7430 entering here with a 30 pip stop loss and a 60 pip take profit. The NZDUSD is currently moving sideways and is not offering a decent set up and it would be best to leave it for other pairs such as the EUR & GBP which will be discussed in tomorrow's and Wednesday's currency call.
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