AUD/USD Price Analysis: Aussie bulls await RBA’s Bullock, US data within a triangle around mid-0.6400s

AUD/USD retreats from intraday high to 0.6445 as markets brace for key Aussie catalysts heading into Tuesday’s European session. Even so, the risk-bar

ometer pair remains firmer for the second consecutive day while staying inside a fortnight-old symmetrical triangle.

Technically, the Aussie pair remains on the front foot despite the latest inaction as it defends the previous week’s upside break of a one-month-old resistance line, now support around 0.6360, with a symmetrical triangle. Adding strength to the upside bias is the firmer RSI line, not overbought.

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