Tuesday, August 19, 2014

Australian Monetary Policy minutes

It has been a busy day for economic reports today. The Australian Monetary Policy minutes were out this morning at 9.30.

Customarily, this triggered a bullish sentiment for AUD/USD before the minutes were released. This pattern has repeated time after time.


Notice the level of this pair at 5 am and at 9 am. Regardless of the content, this pair has always showed signs of upward movements in anticipation of the document to be made public.

The minutes can be found here.

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