AUD/USD: Challenging Key 200-Day Moving Average Post RBA

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<p>RBA left its policy cash rate unchanged at 4.35% in line with expectations. A slight dovish tonality in the monetary policy statement has reduced the expectations of a “hawkish pause”. Technical analysis suggests that the medium-term uptrend phase of the AUD/USD from its 26 October 2023 low remains intact. Watch the 0.6570 pivotal support. Australia’s [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/530270-aud-usd-challenging-key-200-day-moving-average-post-rba/">AUD/USD: Challenging Key 200-Day Moving Average Post RBA</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>