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AUD/USD: Aussie Dollar Stays Afloat after RBA Paused But Kept Hawkish Stance
Australian dollar regained traction after post-RBA dip and holding above thin daily cloud, pressuring strong barriers at 0.0.6690 zone (Monday’s high/converged 100/200DMA’s). The Australian central bank surprised markets by holding interest rates unchanged at 4.10%, the highest in 11 years, as wide expectations were for another 25 basis points hike. The RBA opted to pause […] The post AUD/USD: Aussie Dollar Stays Afloat after RBA Paused But Kept Hawkish Stance appeared first on Action Forex...
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Posted: Jul 4 2023, 11:38
Author Name: actionforex
Views: 080920