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Apr 05 - 02:55 AM

AUD/USD - Pops Higher As RBA Unchanged But Drops "Patient" Narrative

By John Noonan  —  Apr 05 - 12:40 AM
  • AUD/USD jumped to a new trend high above 0.7580 after RBA unchanged

  • RBA statement dropped "is prepared to be patient" used in March statement

  • The market will take the change as meaning upcoming meeting will be live

  • Resistance is at the 61.8 of the 0.8007/0.6967 move at 0.7609

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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