- The AUD/USD pair tried to rally during the early hours of Tuesday but then fell as the 50-day EMA continues to see a lot of interest.
- Furthermore, we have the 0.70 level above that could offer quite a bit of psychological resistance as well.
- The market has been rather noisy over the last several days, as it looks like we are trying to decide what to do about the Federal Reserve.
- By the end of the day on Wednesday, we should have some answers.