Sunday, 5 January 2020

AUD/USD Rate Outlook Mired by Textbook RSI Sell Signal

AUD/USD snaps the series of higher highs and lows from the end of December, with the RSI flashing a textbook sell signal as it falls back from overbought territory.

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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...