AUD/USD Holds Above 50-Day SMA Ahead of RBA Rate Decision - DailyFX

AUD/USD may continue to appreciate ahead of the Reserve Bank of Australia (RBA) interest rate decision on August 2 as it holds above the 50-Day SMA (0.6968).

Australian Dollar Talking Points AUD/USD trades to a fresh monthly high (0.7014) as it initiates a series of higher highs and lows, and the exchange rate may continue to appreciate ahead of the Rese… [+3271 chars]

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