Thursday, 11 June 2020

AUD/USD Outlook Mired by RSI Sell Signal Ahead of Fed Testimony

AUD/USD may face a larger correction ahead of the Fed testimony in front of Congress as the RSI falls back from overbought territory and offers a textbook sell signal.

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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...