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Tuesday, November 6, 2012

10.30 WIB AUD Interest Rate Decision (3.00% expected, 3.25% prior, +3.00% to +3.25% range)

If they HOLD rates at 3.25%, 
BUY AUD/USD, AUDJPY, 6A or SELL EURAUD for a 30-60 pips/ticks depending on the pair
but watch out for the statement and let go of the trade if it doesn't go your way soon
If they CUT rates to 3.00% or less, and AUDUSD is still near its highs for the day above 1.0355-60
SELL AUD/USD, AUDJPY, 6A or BUY EURAUD for a 40-70 pips/ticks depending on the pair

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