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Mar 19 - 03:55 AM

AUD/USD - REFILE-BUZZ-AUD/USD Cracks As RBA Comes Across As Overall Dovish

By Ewen Chew  —  Mar 19 - 02:10 AM

Updates AUD/USD chart

  • AUD/USD cracks after RBA rate decision, veering bearish

  • Falls to as low as 0.6514 from open 0.6558; last 0.6515

  • Tues close below 0.6516 engages Bollinger downtrend channel

  • That will encourage shorts toward Feb trough of 0.6443

  • RBA holds rate as expected, tones down hawkish bias

  • But says not ruling out any possibilities nL3N3FW4FI

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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