RBA in focus, what levels to watch out for in AUD/USD? ...Middle East

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The RBA is back in action this month and things are certainly getting quite interesting for Australia's central bank. We've gone from thinking about rate cuts to rate hikes now. So, the question is will the RBA acknowledge those developments? And if so, what sort of tone will they want to deliver today? You can check out the previews put up by Eamonn earlier here.As for AUD/USD, the technicals are saying quite a lot in light of recent developments. The pair is eyeing a fifth straight day of gains as it runs up against the technical resistance region around 0.6634-50 currently. The 38.2 Fib retracement level of the swing higher last year also comes in at 0.6641.The rebound since late April wa

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RBA in focus, what levels to watch out for in AUD/USD? ...Middle East

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