07.07.2020
The pair is trading near the strong resistance level of 0.6560 following the RBA's decision to leave the interest rates unchanged. If the overall positive market sentiment persists, the pair will continue to grow.
Technical side:
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is located under the overbought zone. Stoch are declining.
AUDUSD rate online: monitor the movement of the pair in real time.
Trading recommendations:
If the price fixes above 0.6975, it will be able to rise further up to 0.7050.
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