AUD/USD holds higher in post-RBA trading ...Middle East

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AUD/USD holds higher in post-RBA trading
source : forex live ( Middle East ) () 40
The RBA held its cash rate steady in a more hawkish decision, though largely expected. AUD/USD was barely changed and only hovered within a 15 pips range after the statement and press conference. But the pair is extending higher now, up to 0.6618 from around 0.6590 earlier in the day.There's not much to it as market flows now are going to be tough to track in isolation. The US election is casting a large shadow over everything and that is going to be what drives the bigger market moves over the next few sessions.So, I wouldn't look too much in the AUD/USD rise for now. In any case, the pair still has some key technical resistance to get by on the charts. The 200-day moving average (blue line

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