Tuesday, 30 June 2020

Australian Dollar Resilience Undermined by Break of Bullish RSI Trend

It remains to be seen if the resilience in AUD/USD will carry into July as the Relative Strength Index (RSI) snaps the bullish trend from earlier this year.

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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...