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Posts by "pipster"
310 Posts Total by "pipster":
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Posts by Anonymous "pipster":
With the Aud/NZD pair, to what level could the pair go to before coming down again - Thankyou
That is true, with what the candle shows. You must also bear in mind that the AUD is often pushed higher prior to a rate decision, and more often than not the price does come down.
Even though Ashraf bearish, you need to make your own decision on when to enter and how much you are willing to risk.
In hindsight I am short at the lower levels and it haspullback significantly. However I will give it until Tuesday/Wednesday and see what happens. Good Luck
I am waiting for the extreme pullbacks and will be shorting heavily. Hopefullyweshould see some movement onTuesday after the rate decision. Thisonea real bugger. Its had me on my knees :)