Monday, 28 September 2020

AUD/USD to Stage Larger Rebound as RSI Reverses from Oversold Zone

AUD/USD looks poised to extend the rebound from the monthly low (0.7006) as the Relative Strength Index (RSI) appears to be reversing from oversold 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...