AUDUSD has consolidated above key resistance at around 0.7 and we hold a neutral view before the rate decision and press conference later this evening. The USD has weakened tremendously since the FED launched unprecedented QE to boost the US economy in the wake of the coronavirus crisis but we don't see any major announcements that could lead to significant price action.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.