AUD News 

AUDUSD tests 100 hour MA ahead of the RBA decision in the new day

“In the process, the price has moved to test the rising 100 hour MA at 06893” reports forexlive.com. The RBA cut rates in October to 0.75% from 1.0%.The AUDUSD has moved to a new session low as London/European traders look to exit.NOTE: The RBA will announce their decision on rates at 10:30 PM ET with the expectations for now change (94% chance of no change).
 
Source: forexlive.com



Related posts