AU: Holding Neutral ahead of RBA Decision

trendanalysis chartpattern beyondta audusd short neutral zone macro rba aud newstrading

AU remained neutral ahead of RBA decision - closing below .6935 resistance -- A retrace to .69650 could be in the picture before cut talk; My view remains to short and should remain bearish under .70000 price point. AiG Manufacturing news out soon will help set the tone heading into the week...

Support Levels: .68950, .68650, .68250
Resistance Levels: .69350, .69650, .70000

*Not Professional advice, just my viewpoint.
Let me know what you think!

-Krecioch

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