Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 16 - 05:55 PM

AUD/USD - Extends Rally Leading Into RBA Decision

By James Connell  —  Feb 16 - 04:30 PM

• AUD/USD broke the 0.6330 resistance Fri, extending its two-week rally

• The 0.63675 high is a new peak for 2025, up +4.6% since the Feb 3 rout

• AUD topside open, with next resistance level of note some way off at 0.6550

• US holiday Mon will cause deteriorating liquidity conditions going into Tue

• Consolidation likely ahead of RBA meeting Mon-Tue, 25bp cut expected

• AUD range early Asia 0.6253-0.62585, support 0.6130, resistance 0.6550
AUDUSD


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!