AUDUSD Expected Interest Rates by RBA Kept Currency Positive

Aussie touches high today 0.72644, but struggling to keep momentum despite strong jobs projections. Now price floating around 0.724XX, unlikely much fluctuation today as there is no event that will affect the AUD/USD pair.

Seasonally adjusted Domestic Retail Sales dropped to 0.4 percent for December 2018 against estimated 0.5 percent. Trade surplus for Australia went upto 3681 Million A$ as imports drop of 6 percent.

As US - China trade talks gives optimistic outlook, also give AUD a little boost against greenback,
It is unlikely to reach or cross 0.7300 US Dollar.

Despite positive news breaks Aussie maintains slow progress against USD
AUD USD Hourly Chart 05 February 2019

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