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Aussie pares losses after RBA setback earlier

Besides the move in the Australian dollar, other major currencies are leaving a lot to be desired so far in European trading. As for the aussie rebound itself, it keeps within the range and technical levels highlighted here with the confluence of the 100 and 200-day moving averages at 0.6692-93 still a key resistance marker.The RBA may not have raised the cash rate today but they continue to leave the door open for a move in August, and that is where markets are seeing a firmer move by the centr... Read More

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Content Topics

Aussie

Pares

Losses

After

Setback

Earlier

Forex

Posted: Jul 4 2023, 07:57

Author Name: forexlive

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