How the markets change! A few hours ago I was thinking of shorting this pair, but the action later showed a tendency for going long. The signal actually came at 0.9825, but I decided to hold on till after the RBA decision so the entry doesn’t look very good. The price jumped from 0.8945 to 70 while I was entering the order!
Anyway, lets see how it goes: long $4/pip AUDUSD @ 0.8970, SL 0.8900.
p.s. 5 minutes later: It looks like I entered long at the top! The market is now back at 0.8948.