The AUD/USD has been falling, but it is because of greenback-strength. The AUD is still demanded as a high interest rate currency. This essentially means the RBA will be keeping the interest rate low to keep pressure on the Aussie. RBA Bounce; 0.88 is Key: The 4H AUD/USD chart shows price bounce up from its October and 2014 lows around 0.8650. This occurred after the RBA statement, which was neutral. The prevailing downtrend is still intact, and it would take a break above 0.88 to suggest otherwise at this point. In this scenario, price action would clear the cluster of moving averages in the 4H chart, and push ... (full story)