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AUD/USD's Indecisiveness Could Lead To A Sharp Move

Discussion in 'Technical Analysis' started by Kaitlin, May 24, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    A surprising decision by the Reserve Bank of Australia to cut interest rates and a more hawkish-than-expected Federal Reserve meeting minutes has weighed heavily on the AUD/USD in recent times. The commodity currency has come under further pressure from renewed concerns about Australia's largest trading partner, China. Incoming data from[​IMG]

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