AUD/USD Technical: Hovering Below 200-day Moving Average as RBA Looms

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<p>AUD underperformed among the major currencies against the USD from 27 to 28 July 2023 ex-post FOMC, ECB, and BoJ. Split view among economists and interest rates traders on RBA monetary policy decision today. Short-term bearish downside momentum at this juncture as the AUD/USD failed to trade above the 200-day moving average. Key short-term resistance […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/512362-aud-usd-technical-hovering-below-200-day-moving-average-as-rba-looms/">AUD/USD Technical: Hovering Below 200-day Moving Average as RBA Looms</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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