Monday, 8 October 2018

AUD/USD Risks Larger Rebound as RSI Flops Ahead of Oversold Territory

AUD/USD bounces back from the 2018-low (0.7041), with recent developments in the RSI pointing to a larger recovery as the bearish momentum appears to be abating.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...