A look at the orderboard ahead of the RBA decision
AUD/USD is up 4 pips to 0.7371 so far in Asia-Pacific trading.
Bids:
- 0.7315 - June 6 low
- 0.7300 - corporates on the bid
- 0.7260 - 200-dma
- 0.7238 - June 3 US low, technical support
- 0.7200 - Medium demand there and just ahead, stops below
Offers:
- 0.7391 - June 6 high
- 0.7402 - May 11 high
- 0.7480 - 55-dma
- 0.7500 - medium offers
- 0.7517 - May 4 high
- 0.7550 - Medium offers
