Tuesday, 29 March 2022

AUD/USD Rally Fails to Push RSI Into Overbought Zone

AUD/USD appears to be reversing ahead of the October high (0.7556) as the recent rally fails to push the Relative Strength Index (RSI) 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...