By David Becker The Aussie Dollar was unchanged today, after falling from recent highs over the past three trading session. The currency pair was able to hold the par level, after touching a high of 1.0208 late last week. The AUD/USD is forming a triple top, despite stronger than expected Australian economic data.Australian home-loan approvals [...]
Tag Archives: Australia
Trading the Breaks Ahead of Reserve Bank of Australia’s Rate Decision 10:30 PM EDT —- AUD/USD
Looking at an hourly chart on AUD/USD we see that the Aussie has been getting consistently weaker since Jan 18th earlier this year. Later tonight we have the Reserve Bank of Australia’s rate decision and statement at 10:30PM EST. The pair has been treading below the 100 Hour MA as considerable resistance over the last [...]
