AUDUSD - What I'm watching with the RBA tonight
Nothing too complicated here. The AUDUSD 1-hr chart currently has a very nice harmonic setup playing out, with a target of .9216 to go short. With the RBA rate decision tonight (10:30 ET), as well as Australian retail sales data (7:30 ET), this setup should either receive a nice boost or become invalidated.
Key support for the pair is seen at .9050.
Key support for the pair is seen at .9050.
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