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Monday, July 24, 2017

[FOREX NEWS] AUD/USD: A Correction Lower Is Overdue; Above 0.80 To Be Met With RBA Opposition – BTMU

The Australian dollar enjoyed the hawkish meeting minutes from the RBA. Attempts to dampen the expectations were not successful. What’s next? The big number can provide a trigger. Here is their view, courtesy of eFXnews: BTMU FX Strategy Research argues that AUD/USD looks over-extended based on policy expectations given there has been no sign of any [...]

The post AUD/USD: A Correction Lower Is Overdue; Above 0.80 To Be Met With RBA Opposition – BTMU appeared first on Forex Crunch.



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