Wednesday, 2 September 2020

AUD/USD Rate Vulnerable Following Short-Lived Overbought RSI Reading

AUD/USD may face a larger pullback over the coming days as the overbought reading in the Relative Strength Index (RSI) appears to have been short lived.

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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...