The AUD/USD pair found interim support and rose near 0.6420 during the European session on Monday after hitting a fresh four-month low near 0.6370 on Friday.
The Aussie pair recovered slightly as investors focused on the Reserve Bank of Australia (RBA) monetary policy decision, which will be announced on Tuesday.
Market experts expect the RBA to leave interest rates unchanged at 4.35% but will tone down its hawkish tone as Australia's Gross Domestic Product (GDP) growth in Q3 came in weaker than expected, a scenario that would benefit the Australian Dollar (AUD).
Source: FXStreet
