We still hold a neutral view on AUDUSD as the currency pair edged higher as the RBA as expected kept rates on hold and GDP growth came in at -3.8% vs -4.4% forecast. USD weakness across the board as well as expected US stimulus could see AUDUSD challenging 0.74 in the coming trading sessions though we will be monitoring continued tensions with China.
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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.