Monday, 5 April 2021

AUD/USD Trades Within Head-and-Shoulders Formation Ahead of RBA

The Reserve Bank of Australia (RBA) interest rate decision may undermine the head-and-shoulders formation in AUD/USD if the central bank alters the forward guidance.

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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...