Thursday, 28 January 2021

AUD/USD Outlook Mired by Failure to Retain Monthly Opening Range

Failure to retain the opening range for January may lead to a larger correction in AUD/USD as the RSI continues to track the downward trend established 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...