AUD,NZD/FXWW News

AUD unchanged after RBA decision and statement

The AUD “remains above most estimates of its fundamental value” according to the RBA statement but that’s having no impact on the AUD/USD which is glued to .9300.

This has been one of the quieter reactions to the RBA decision in recent months.

I still think .9270 is an important level, after it failed to break last week despite bearish news.

Leave a Reply

Your email address will not be published. Required fields are marked *