By John Noonan — Jul 04 - 09:50 PM
AUD/USD traded to the 10-day MA at 0.6894, as risk assets buoyant in Asia
E-minis are up 0.4% while the AXJ index is +0.95% and Nikkei is +1.1%
A break above 0.6900 in the AUD/USD targets 0.6960/65
The 21-day MA is at 0.6962 and the June 28 high is at 0.6965
The RBA decision is at 04:30 GMT and the market is expecting a 50 BP hike
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Source:
Refinitiv IFR Research/Market Commentary