1
AUD weakness on RBA Minutes, watching pairs
RBA minutes just dropped, sounds like they're staying dovish, maybe even hints of rate cuts later this year if data holds. Seeing some immediate weakness in $AUDCAD, now at 0.97968, and $AUDJPY at 111.63. They're both testing the lower end of their recent ranges for the day.
I'm watching for confirmation on these levels. If we see a sustained break below 0.975 for $AUDCAD or 111.2 for $AUDJPY, it could signal a deeper move. Need to see how the market digests this over the next few hours.
0 comments · 1 points