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AUD/USD pares post-RBA minutes losses

Source: Thomson Reuters


  • Post-RBA minutes losses erased, bad price action for those looking for drop

  • 10 &21 DMAs pierced but time spent below short lived, bull hammer forms

  • Wider yield spreads & bullish RSIs might provide more gains

  • Pair eyes 0.7750/60 resistance, some stops mixed in there, more noted up to 0.7775

  • 0.7800  & 0.7825 are key intra-day resistance areas, >0.7840/50 might ignite next bull leg 

  • Market Data
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