The last 3 times the RBA made a monetary policy announcement, a small to large reversal was triggered in the Australian dollar. RBA rate decisions can frequently mark a top or bottom in a currency - this does not happen 100 percent of the time, but given the number of considerations that go into [...]
Source: http://www.kathylien.com/site/australian-dollar/historical-chart-rba-and-turning-points-in-aud
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