AUDUSD AUD/USD trades near 0.6448 ahead of the RBA rate decision, where a 25bps cut to 3.85% is widely expected. Technically, a breakout above the falling trendline suggests a potential bullish reversal. Immediate support lies at 0.6422–0.6406. A rejection near minor resistance at 0.6456 could trigger a pullback, while a sustained break above that level may open room for gains beyond 0.6500. Market direction hinges on RBA’s tone and Governor Bullock’s guidance on future easing.- Resistance : 0.6456 , 0.6500
- Support : 0.6422 , 0.6406
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ATFX is a globally regulated, award-winning fintech broker offering customer support in 20 languages.
👉🏼Start your trading journey with ATFX: bit.ly/3mLMPHz
👉🏼Start your trading journey with ATFX: bit.ly/3mLMPHz
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.