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AUDNZD Rockets To One-week High After RBA Held Rate -

Apr, 05th 07:15

ob-trade-idea

The Aussie has soared violently nearly 80 pips after its central bank decided to keep the cash rate at 2 percent. The Reserve Bank of Australia said that “there were reasonable prospects for continued growth in the economy, with inflation close to target”. Therefore, this current interest rate is appropriate. On chart H1, the pair has been moving above the 61.8 Fibonacci level lately after the spike which brought the price to hit the high of 1.11918. The RSI (14) has lowered but still lingers at high level around 60.

Buy Digital Call Option at 1.11968, Buy Digital Put Option at 1.11471.

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