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AUD/USD Outlook Clouded with Mixed RSI Signal Following Flash Crash
Australian Dollar Talking Points AUD/USD struggles to recover from the flash crash as COVID-19 puts pressure on the Reserve Bank of Australia (RBA) to implement lower interest rates, and the exchange rate may face a more bearish fate as the outbreak curbs the growth outlook for the Asia/Pacific region. AUD/USD Outlook Clouded with Mixed RSI Signal Following Flash Crash AUD/USD crashed to a fresh yearly low (0.6314) as the coronavirus shows no signs of slowing down, and the ongoing shock to the global supply chain may continue to drag on the Australian Dollar as the International Monetary Fund (IMF) warns that ... (full story)