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RBA. Will They?

From vantagefx.com

Chart of the Day: On RBA day, we have to take a look at the Aussie Dollar. We did AUD/USD in yesterday’s Morning View, so let’s take a look at some of the other AUD crosses. AUD/NZD has been racing towards parity over the last few weeks and got within 20 pips yesterday before buyers came in just above the major psych level. This is an interesting spot heading into the cash rate decision because on the daily price has printed a bit of a doji candle which could add to buying confidence if the RBA decide to hold. On the other side, if the RBA cut, a single daily candle won’t make any difference. AUD/JPY Weekly: I’ve ... (full story)

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