Thursday, 20 December 2018

AUD/USD Rate Outlook Mired by Bearish RSI Formation

The weakness in AUD/USD may persist over the near-term as the Relative Strength Index (RSI) continues to track the bearish formation from earlier this month.


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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...