The Australian central bank on Tuesday cut rates to a record low of 2.25 percent per annum, breaking an 18-month break in the implementation of incentives. The Australian dollar fell more than a US cent after the Reserve Bank of Australia (RBA) has completed the first meeting in the new year.

The currency pair AUD / USD went down. Price now took the bearish trend. The trading range was about 237 points. In this case, the mark formed in High - 0.8024 while the Low level, could be seen at a minimum - 0.7787. AUD / USD is trading near 0.7780, down by 1.55%.

The currency pair AUD / USD as well as the previous day was in a state of correction. The trading range was about 125 points. At the same time Low level hit a low - 0.7898 while the High level, could be observed in the area of the bulls at the maximum - 0.8025. AUD / USD has lost most of the score after the loss level 0.8000. Recently, the price dropped to around 0.7939, its lowest level since the publication of the inflation report in Australia. AUD / USD has slipped from a high of 0.8024 and lost nearly 100 points, stated Forex Trend analysts (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/).

The currency pair AUD / USD has fulfilled a goal set before. Rollback, the price came down, updating the minimum. The trading range was about 173 points. High mark rose to the maximum - 0.8135, having entered into a correction, while the Low level can be seen at a minimum - 0.7963.

The currency pair AUD / USD, as had been expected, yesterday was in the area of correction. The trading range was about 79 points. At the same time Low down to a minimum - 0.8153, while the High level went up, reaching a maximum - 0.8233. "Today we expect a correction in prices and do not enter the market," - noted Forex Trend analysts.