RBA in the barrel, but trade wars and Fed rates remain key drivers for the Antipodeans. The Aussie remains hobbled at the week’s highs near the critical 0.7300 handle. The AUD/USD is trading into 0.7260 heading into Friday’s early overnight session with the Reserve Bank of Australia’s (RBA) latest rate statement in the pipe, and the US Dollar is seeing a resurgence across the board after the US Federal Reserve brought little new action to the table, sparking a decline on Wall Street that threatens to spread to the upcoming Pacific-Asia region. The RBA is slated for another appearance early Friday where no change is expected as “wait and see” has been the  modus operandi of the Australian central bank for over two years and counting. Growth within Australia’s domestic economy remains a touchy subject, and although recent readings from China, Australia’s largest trading partner, have been positive, potential fallout from the US-China tradewar are likely to keep the overly-cautious RBA on their haunches. AUD/USD Technical levels AUD/USD Overview:     Last Price:  0.7262     Daily change:  -16  pips     Daily change:  -0.220%     Daily Open:  0.7278 Trends:     Daily SMA20:  0.7129     Daily SMA50:  0.716     Daily SMA100:  0.7267     Daily SMA200:  0.7478 Levels:     Daily High:  0.7302     Daily Low:  0.7213     Weekly High:  0.726     Weekly Low:  0.705     Monthly High:  0.724     Monthly Low:  0.702     Daily Fibonacci 38.2%:  0.7268     Daily Fibonacci 61.8%:  0.7247     Daily Pivot Point S1:  0.7227     Daily Pivot Point S2:  0.7175     Daily Pivot Point S3:  0.7138     Daily Pivot Point R1:  0.7316     Daily Pivot Point R2:  0.7354     Daily Pivot Point R3:  0.7405  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 Forex today: FOMC sounding optimistic once again, sends dollar higher, again FX Street 4 years RBA in the barrel, but trade wars and Fed rates remain key drivers for the Antipodeans. The Aussie remains hobbled at the week's highs near the critical 0.7300 handle. The AUD/USD is trading into 0.7260 heading into Friday's early overnight session with the Reserve Bank of Australia's (RBA) latest rate statement in the pipe, and the US Dollar is seeing a resurgence across the board after the US Federal Reserve brought little new action to the table, sparking a decline on Wall Street that threatens to spread to the upcoming Pacific-Asia region. The RBA is slated for another appearance early… 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.
