The Australian dollar is steady, with AUD/USD at 0.6686, down 0.18%. The Aussie has fallen 3.2% in October, marking three straight losing weeks.
RBA’s Hauser: Rates Could Go Either Way
RBA Deputy Governor Hauser noted strong job growth and high inflation, suggesting the central bank could move rates in either direction. However, with inflation at 3.8% and the labor market strong, a rate cut isn’t likely soon.
Technicals:
🇦🇺🇺🇸AUD/USD
🟢Buy Limit Order
Entry: 0.66677
Stop Loss: 0.66411
Take Profit: 0.67032