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AUD/USD Technical: Hovering Below 200-day Moving Average as RBA Looms

AUD/USD Technical: Hovering Below 200-day Moving Average as RBA Looms
AUD underperformed among the major currencies against the USD from 27 to 28 July 2023 ex-post FOMC, ECB, and BoJ. Split view among economists and interest rates traders on RBA monetary policy decision today. Short-term bearish downside momentum at this juncture as the AUD/USD failed to trade above the 200-day moving average. Key short-term resistance […] The post AUD/USD Technical: Hovering Below 200-day Moving Average as RBA Looms appeared first on Action Forex... Read More
Posted: Aug 1 2023, 03:10
Author Name: actionforex
Views: 102572

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