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AUD/USD - RBA holds rates, 0.78 expiry

Tuesday, March 3, 2015 8:51 AM UTC

Short-covering lifted AUD to 0.7845 after RBA held rates steady
0.7795 = subsequent pullback low
0.7841 = late Asia/early Europe high
Pre-RBA rate announcement range was 0.7751-0.7778
0.78 option expiry today. 0.7852 = 61.8% of 0.7914-0.7751

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AUD/USD - RBA holds rates, 0.78 expiry

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