Tuesday, 11 October 2022

AUD/USD Selloff Pushes RSI Back Into Oversold Territory

The move below 30 in the Relative Strength Index (RSI) is likely to be accompanied by a further decline in AUD/USD like the price action from last month.

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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...