Hello Friends! I bring you today’s Analysis for the Aussie.

With the AUDUSD pair up 0.39% AUDUSD inched closer to 0.70 which is the first technical objective for the bulls followed with 0.7050.

Minutes of the Reserve Bank of Australia’s May Monetary Policy Meeting showed that members considered three options , hiking rates by 15bps 25bps or 40 bps


AUDUSD traders will keep their eyes on the risk catalysts , comprising the COVID and geopolitical risks, for immediate directions. AUD bulls attacked 0.70 let level also favoring the risk measure that the pair is in an upbeat mood mainly because of the headlines from China. With China planing to end the COVID linked lockdown after the third consecutive day of zero cases outside quarantine area


Minutes of the Reserve Bank of Australia’s May Monetary Policy Meeting showed that members considered three options , hiking rates by 15bps 25bps or 40 bps


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