AUD/USD: The pair is going down in anticipation of the RBA meeting. Technical analysis for 01.08.2016

Forex analytics: Review and dynamics After reaching two-week highs at the level of 0.7615 earlier on Monday, the pair AUD/USD begun to decline at the European session in anticipation of tomorrow's RBA meeting. It is expected that rate in Australia will be reduced by 0.25% and the Bank will show inclinations to more monetary policy easing in the country. If it happens, the Australian currency will fall in the ...