Quantcast

AUD/USD bounces Tuesday on RBA chatter; runs right into ST correction resistance at 0.9195

FXstreet.com (Barcelona) – The AUD/USD finally showed some signs of life Tuesday after comments from the RBA’s Phillip Lowe – despite being somewhat dovish on the surface – failed to further tank the oversold cross.

AUD/USD traders hoping this is more than just an intraday bounce

Those brave souls that are long of the AUD/USD right now are hoping among hope that the bounce that occurred early Tuesday following the RBA’s Phillip Lowe’s speech will amount to something more than just another opportunity to sell. That may be a very difficult dream to realize, though, given the …read more