AUD,NZD/Technical Analysis

AUD/USD technical analysis update

The daily chart is about to run into solid support levels near 1.0220, and with the short-term charts looking very oversold, I prefer the buy-dip strategy intraday. Remember that today is the RBA meeting so I will hold off on any strategies (or only run very small positions) prior to the announcement. For full AUD/USD technical analysis click on this link.

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