AUD/USD Little Lower After RBA Leaves Rates at 1.5 Percent

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

AUD/USD is trading at 0.7442, down 0.0028.The pair is trading rangebound and a little above the session lows. Market chatter about overnight comments from the Reserve Bank of Australia (RBA) is making the rounds. Australia's central bank (RBA) left the cash rate unchanged at a record low of 1.5 percent during the meeting held on December 6th. The RBA said Australia's economy is continuing its transition after the mining investment boom. The RBA also said inflation is expected to remain low for some time before returning to more normal levels. The Australian Industry Group (AIG) Construction Index due out at 5:30 p.m. ET.

27% profit every 20 days?

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