The Aussie is trading sluggishly ahead of a quiet Thursday session. The RBA Bulletin due today encompasses the entirety of the AUD’s showing on the economic calendar for today. The AUD/USD is trading quietly near Wednesday’s close, cycling near 0.7370 ahead of a quiet Wednesday. Market sentiment saw a mild recovery yesterday, pumping the brakes on the Aussie’s decline, but not providing enough incentive for the AUD to deliver more than a half-hearted bounce from the week’s technical bottom near 0.7345. The Reserve Bank of Australia’s (RBA) Governor Lowe delivered remarks at a central banking meetup for the EU’s Sintra Forum, though Lowe’s remarks delivered little of note for traders, as the general theme of the meeting focused primarily on trade concerns surrounding the scaling-up of trade war rhetoric between the US and China. Thursday sees the RBA’s Quarterly Bulletin at 01:30 GMT, a collection of speeches and notes detailing the central bank’s outlook on the Australian economic outlook, as well as highlighting the RBA’s operations, though with the bank’s forward guidance model giving traders a front-row seat to all of their major decisions, little new information is expected in the bulletin. AUD/USD levels to watch The Aussie is seeing little buying action amidst a mild market recovery, and as FXStreet’s own Valeria Bednarik noted, “the 4 hours chart shows that the intraday recovery stalled below a bearish 20 SMA, while technical indicators retreated from their intraday highs before stabilizing, the Momentum well below its 100 level and the RSI at around 31, all of which leans the risk toward the downside. The weekly low was established at 0.7346, the immediate support, with a break below the level favoring a continued decline toward the 0.7250 region, a strong long-term static support.” Support levels: 0.7345 0.7310 0.7275 Resistance levels: 0.7395 0.7430 0.7480 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY holding above 110 as markets stage a mild recovery FX Street 5 years The Aussie is trading sluggishly ahead of a quiet Thursday session. The RBA Bulletin due today encompasses the entirety of the AUD's showing on the economic calendar for today. The AUD/USD is trading quietly near Wednesday's close, cycling near 0.7370 ahead of a quiet Wednesday. Market sentiment saw a mild recovery yesterday, pumping the brakes on the Aussie's decline, but not providing enough incentive for the AUD to deliver more than a half-hearted bounce from the week's technical bottom near 0.7345. The Reserve Bank of Australia's (RBA) Governor Lowe delivered remarks at a central banking meetup for the EU's Sintra… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.