The AUDUSD has remained well bid and is holding around the 8450 level ahead of the RBA rates decision in less than an hour. The RBA is widely expected to keep rates on hold but it is the anticipated shift from dovish to neutral in the statement that the market is holding out for.
Resistance is found at the 8520-30 area with support back at 8420 on the day then 8375(previous resistance).
