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The RBA holds Rates steady at 1.50% as expected

Posted on April 2, 2019April 2, 2019 by braden
02
Apr

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RBA Interest Rate Announcement

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Before the announcement the AUDUSD was trading around the 0.7105/10 range. After the figure, price spiked to 0.7129 to clean out a few sellers before moving lower.

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braden

The AUDUSD may come under more pressure if the RBA turn dovish
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