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Thomson Reuters
Apr 15 - 08:36 PM
AUD/USD - Opens Unchanged Ahead Of RBA Minutes
First appeared on eFXplus on Apr 15 - 06:25 PM
  • AUD/USD consolidated in an extremely narrow 0.7164/82 range on Monday
  • Market sitting on hands ahead of key events including today's RBA Minutes
  • Minutes will be scrutinized for dovish tweaks or slight shift to dovish bias
  • Key resistance at the 200-day MA, which comes in at 0.7191 today
  • A 'neutral' RBA Minutes might result in 200-day MA getting tested
  • Dovish shift in the Minutes may see AUD/USD ease towards 21-day MA at 0.7171

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