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AUD/USD and AUD/NZD moving higher as shorts pare back ahead of RBA decision

Tuesday, April 7, 2015 2:42 AM UTC

Market pricing in 70% chance of RBA 25 BP cut down from 77% chance earlier
AUD/NZD is up around 0.45% while the AUD/USD is up around 0.40%
Resistance for AUD/USD is found at 10-day MA at 0.7670
AUD/USD unlikely to move too far in either direction ahead of RBA decision

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AUD/USD and AUD/NZD moving higher as shorts pare back ahead of RBA decision

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