Macro Hook: The RBA kept rates steady but signaled concern over sticky inflation and a resilient jobs market, adding a hawkish tilt despite ongoing economic uncertainty.
Technical Lens: AUDUSD has been firm into the decision, with markets now reassessing downside easing bets. Near-term resilience keeps focus on higher levels, with 0.68 eyed as the key medium-term zone.
Scenarios:
- If incoming inflation/jobs data stay firm → AUDUSD may extend toward 0.68.
- If softer prints revive easing bets → pullbacks likely as market reprices cuts.
Catalysts: Watch upcoming Australian CPI and labor market data, plus Fed tone on USD side.
Takeaway: 0.68 remains the key decision point for AUDUSD in Q4.
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Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
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Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.