Wednesday, 1 April 2020

AUD/USD Bear Flag Continues to Take Shape Following RBA Minutes

AUD/USD appears to be stuck in a narrow range, but the rebound from the yearly low (0.5506) may start to unravel as a bear flag formation continues to takes shape.

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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...