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What levels to watch for AUD/USD ahead of the RBA decision?

What levels to watch for AUD/USD ahead of the RBA decision?
Sellers had their chance to try and breach key support at 0.6500 last week but the figure level held on the daily chart. And now, buyers are turning things around. However, they are running into a major test to start the new week via the RBA's policy decision. Here's a look at how the technical picture is shaping up:The latest rebound is seeing price move to test the 50.0 Fib retracement level of the swing lower since May. That level is seen at 0.6638 and is holding buyers back for now.But at le... Read More
Posted: Jun 6 2023, 04:12
Author Name: forexlive
Views: 111650

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