AUD/USD loses ground as RBA meets rate hike expectations. Short-term risk is tilted to the downside. A close below 20-SMA could extend decline. AUD/USD retreated to 0.7134, extending Monday’s losses after the Reserve Bank of Australia (RBA) delivered its third consecutive rate increase, as expected, to quell inflation while signaling a data-dependent approach for future […]
The post AUD/USD Slips to 20-SMA After RBA Rate Hike appeared first on ActionForex.
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