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Mar 28 - 01:55 AM

AUD/USD - Fatigued - Focus Turns To RBA Meeting

By James Connell  —  Mar 27 - 11:36 PM

• AUD/USD slips as traders reduce risk into month-end, RBA policy meeting

• Pair pushing the hourly lower Bollinger band, looks oversold short term

• Key event next week: Apr 1 RBA meeting, OCR steady, statement crucial

• AU election set for May 3, market sceptical of new fiscal commitments

• U.S. PCE Index (Fed's inflation gauge) due Fri, poll 0.3% m/m

• AUD range Asia 0.62835-0.63025, support 0.6260, resistance 0.6390 0.6415
AUD Hourly Bollinger


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

Source:
London Stock Exchange Group | Thomson Reuters

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