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Mar 06 - 09:55 PM

AUD/USD - No Reaction To Aus Trade Data As Market Awaits RBA

By John Noonan  —  Mar 06 - 07:45 PM
  • AUD/USD pivoting around 0.6730 this morning as market looks ahead to RBA

  • Aus Jan trade data just released close to expectations and no reaction nAZN14BMTR

  • RBA expected to hike 25 bps to 3.60% - but focus will be on statement

  • Key will be whether or not the RBA soften hawkish guidance nL4N35D0VV

  • AUD/USD resistance is at the 10-day MA at 0.6752

  • Support is at the March 1 low at 0.6695 with bids tipped ahead of 0.6700

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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