What to expect after RBA decision

AUD/USD is currently trading near .9220 and the RBA is expected to leave rates on hold whilst maintaining its easing bias.

If this happens, I would expect the AUD/USD to edge a bit lower initially, maybe towards .9175/80 before recovering back above .9200.

Any change to the easing bias would likely see the AUD/USD rally above .9250 and movement from there will depend on where the stop-loss orders are situated.