Tuesday, 2 February 2021

AUD/USD Outlook: RSI Extends Downward Trend Following RBA Meeting

The Relative Strength Index (RSI) continues to warn of a larger correction in AUD/USD as the indicator extends 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...