The AUD/USD currency pair established a new 20-week high following today's RBA rate decision and statement. As the day progressed, the US dollar found firmer footing against the sunburnt country's currency. The so-called Aussie's 30-pip drop after the US equity market open was arguably the highlight of an otherwise uneventful New York morning trading session.

Curt Wehrley
Twitter: @fxcoachcurt
Currency Strategist & Trader Coach
Licenses: Series 3, 34
FX Bootcamp