Price Movement Since yesterday, AUD/USD has been moving indecisively within a 40pips range.
Trend Overall, AUD/USD is trending downwards.
Important Issue This morning at 0830 (SGT), the Royal Bank of Australia released the Monetary Policy Meetings Minutes, stating that “The available data indicated that established housing prices in Sydney, Melbourne and Perth had declined further since the beginning of 2019”.
Technical AUD/USD is currently testing the 0.71 key level.
Price Levels Current Price: 0.71094 Next Resistance: 0.71800 Next Support: 0.70185