VIDEO ANALYSIS: RBA TAKES A LESS DOVISH TONE...AUDUSD

In this video update, we take a look at the RBA's recent rate announcement.
The RBA held interest rates and despite the recent weak data they are considering it
as a minor bump in the road on the way to hiking interest rates. This was seen as a positive
by the market, and price rallied back into the trendline resistance. We have to take caution however
here as the data could prove the RBA wrong.