AUD/USD Recoups Losses

<p>The Australian dollar recovered after the RBA signaled an end to its bond-buying program. The recent sell-off below the daily support and psychological level of 0.7000 further weighed on market sentiment. As the RSI dipped again into the oversold territory, short-term sellers’ profit-taking has driven the price higher. The bears could be looking to fade [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/427731-aud-usd-recoups-losses/">AUD/USD Recoups Losses</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>