AUD/USD Rises To Critical Juncture Despite RBA Easing

Discussion in 'Technical Analysis' started by Kaitlin, Aug 10, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Despite the fact that the Reserve Bank of Australia (RBA) lowered its cash rate by 25 basis points last week to a new record low of 1.50%, as was widely expected, the Australian dollar has continued to show persistent strength within a sharp uptrend that has been in place since[​IMG]

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