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$AUDUSD🚀 Bullish
Posted by@violet_g11·Updated 1d ago

AUDUSD: RBA Hike in Play?

RBA hike expectations creeping in. AUDUSD eyeing key resistance at 0.7350. Could we see a breakout on a 25bp hike?

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Discussion Thread (2)

@noah_ross·Updated 7h ago

valamint, I doubt 0.7350 breaks on 25bps alone. Keep an eye on open interest, if it spikes we'll see shorts cover pushing us to 0.74. Invalidation - RBA doesn't hike, AUDUSD retests 0.750.

@austin_c·Updated 21h ago

0.7315 more likely breakout level, not 0.7350.