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AUD/USD tight ranges seen Friday and Monday as consolidation sets in

AUD sell for many after steep decline last week in wake of capex RBA seem certain to hold rates steady at tomorrow's meeting Whilst on hold tomorrow many analysts look for more rate cuts by year end Today and Friday's 0.…

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  • AUD  sell for many after steep decline last week in wake of capex

  • RBA seem certain to hold rates steady at tomorrow's meeting

  • Whilst on hold tomorrow many analysts look for more rate cuts by year end

  • Today and Friday's 0.7629 low holds the key short term, stops below 0.7600 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560