Overall, AUD/USD is trending upwards. Recently, AUD/USD bounced off the resistance level of 0.64200.
Earlier today, the Reserve Bank of Australia (RBA) released the minutes for this month’s monetary policy meeting, reiterating the policy package announced on 19 March.
RBA Governor will be delivering a speech later at 1300 (SGT). During this time, volatility is expected of AUD.
Currently, AUD/USD is testing to break below the key level of 0.63. Its next support level is at 0.61800 and the next resistance level is at 0.64200.
Earlier today, the Reserve Bank of Australia (RBA) released the minutes for this month’s monetary policy meeting, reiterating the policy package announced on 19 March.
RBA Governor will be delivering a speech later at 1300 (SGT). During this time, volatility is expected of AUD.
Currently, AUD/USD is testing to break below the key level of 0.63. Its next support level is at 0.61800 and the next resistance level is at 0.64200.