Today the Reserve Bank of Australia (RBA) surprised markets by lowering interest rates by 0.25 percentage points to 1.75% after
expectations of market participants had no change.
After the announcement AUD fell (up to now with -2.14%) versus USD, but the capital market in Australia adding +1.8% before that.
If AUD/USD successfully breaks through 0.7500 it will be most likely short-term bearish momentum will continue (as an opportunity for more volume profit taking with short-term correction can be expected around 0.7448).
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