Daily Market Updates: AUD/USD Price Forecast: Holds above 0.7000; 100-day EMA holds the key ahead of RBA

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AUD/USD Price Forecast: Holds above 0.7000; 100-day EMA holds the key ahead of RBA

Reported · Written up by our desk · Major Pairs

The AUD/USD pair shows minor downward movement at the start of a new week, trading near the 0.7020 region, down around 0.15% for the day during the Asian session. Traders, however, might refrain from placing fresh directional bets ahead of the Reserve Bank of Australia (RBA) decision on Tuesday.

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FXStreetAUD/USD Price Forecast: Holds above 0.7000; 100-day EMA holds the key ahead of RBA

Forex

AUD/USD Price Forecast: Holds above 0.7000; 100-day EMA holds the key ahead of RBA

More like this

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