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RBA meeting in focus

It has been a quiet start to the week given the US holiday Monday. The RBA meet today and this has the XJO and AUD currency pairs in focus.

 

Data: The RBA meeting is the main event for the day:

 

DXY weekly: still range bound on declining momentum:

 

ASX-200 4hr: the 7,550 level is still in focus:

 

AUD/USD 4hr: watch for any momentum-based trend line breakout:

 

AUD/JPY 4hr: watch for any momentum-based trend line breakout:

 

Other charts: little changed from weekend update.