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Prabathsc has taken 10th place in Daily Stock Options Jun 2016

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What will happen to AUD/USD

As we expected the AUD/USD touched 0.69. So here after we're expecting it's going to move towards 0.75. So we have a nice 500 pips move. This will happen tomorrow or day after tomorrow. I'm sure it will not go beyond 0.6985. So get a great profit.
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Aussie cash rate and trend

Today is a crucial day for AUD/USD pair. Today, RBA is releasing the cash rate. I expect that they will increase the rate. So AUD/USD will go backward little bit and then go upward. It will go down to .69 and then go up towards .74. So we have around 800 pips movement.
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