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Technical Analysis AUDUSD : 2016-02-12

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    No change in trend The Australian dollar declined as the global stocks rout started following the selloff in China’s stock market since the new year. The Reserve Bank of Australia didn’t cut the interest at its policy meeting. Will the Australian dollar continue weakening? The Reserve Bank of Australia (RBA) refrained from cutting the interest rate from 2.0% at its February 2 policy meeting. The central bank stated the economy is adjusting to falling demand for its commodity exports with

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