Aussie has been selling off in every RBA easing cycle. If history repeats itself, short AUD/USD.
Traders are looking to buy safe-haven assets while dumping risk-assets, sell AUD/JPY to double the profit?
The US decided to increase its tax rate from 10% to 25%.
With the monetary policies between RBA and RBNZ diverging, AUD/NZD could rise.
With odds of a rate cut this year still remaining high, the gains in AUD/USD could be temporary. Short AUD/USD?