AUDUSD shrugs off RBA rate cut talk

This pair has developed some good buying interest ahead of tonight’s RBA meeting shrugging off last week’s rumours of a rate cut.

The better mood started with some EURAUD selling but has since found its own momentum.

So far we we’ve capped at the first real sell interest at 0.9335, but not coming back too far. More sellers at 0.9350 0.9370 0.9400 and then stronger at 0.9450

Buyers at 0.9280 0.9250 have underpinned the o/n dip with more lined up at 0.9200

Currently 0.9333

AUDUSD orders 30 Sept