By James Connell — Feb 18 - 04:34 PM
• AUD/USD consolidated overnight following the expected RBA OCR cut Tues
• 0.6333-67 traded quickly post-announcement, but the pair settled mid-range
• Traders looking towards AU wage price index (+0.8% expected Q/Q, due Tue)
• FED meeting minutes (due Wed), Ukraine-Russia talks may provide direction
• Recent rally intact, technical resistance at 0.6415 (38.2% Fibo retracement)
• Overnight range AUD 0.6342-0.63649, support 0.6230 0.6330, resistance
0.6415
AUD mng
(James Connell is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters