A somewhat unusual move after the announcement. The AUD/USD peaked at .9030 before slipping back quickly to .8960. Either the market was very long going into the announcement or the subsequent statement is being seen as signalling a pause. Something I don’t see yet.
If you’re overly short, this might be a good opportunity to reduce. A break below yesterdays .8935 low would suggest to me that the market is really long.
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