Thursday, 18 February 2021

AUD/USD Eyes Monthly High as RSI Approaches Trendline Resistance

The RSI may indicate a further appreciation in AUD/USD as the oscillator appears to be on track to take out the bearish trends 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...