Wednesday, 24 February 2021

AUD/USD Rate Rally Pushes RSI Into Overbought Territory

Recent developments in the Relative Strength Index (RSI) indicate a further appreciation AUD/USD as the oscillator pushes into overbought 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...