AUD/USD chart - Trading View
AUD/USD was trading 0.51% lower on the day at 0.7481 at around 06:50 GMT, outlook bearish.
The Reserve Bank of Australia (RBA) left its cash rate at a record low of 0.1%, but dropped both a commitment to keeping bond yields low and its projection of no hike in interest rates until 2024 as inflation crept up in the country.
Australian dollar weakened on Tuesday after the country's central bank dampened investor hopes for a hawkish tilt.
Governor Lowe maintained the dovish tone in the statement that followed, said market pricing for early rate hikes extremely unlikely.
AUD/USD technical bias has turned bearish on the daily charts. Upside was capped at 200-DMA.
MACD is on verge of bearish crossover on signal line, RSI is showing a bearish reversal from near overbought levels.
Price action has slipped below 200H MA, scope for test of 21-EMA support at 0.7439.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 



