AUDUSD trades higher today ahead of RBA decision, but approaches key technical resistance

As the AUDUSD trades higher today in anticipation of the RBA decision, the currency pair is now approaching a significant technical resistance target. The 100-hour moving average (MA) and the 200-day MA, both converging at 0.67284, are defining this crucial resistance level.

Join us in this video as we closely monitor the AUDUSD’s movements and discuss the potential implications of reaching this key resistance zone. Stay informed with our analysis to make well-informed trading decisions in the dynamic forex market amid the RBA decision.

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