Free Trial

0.72 Back In Focus A stronger than....>

AUSSIE TECHS: 0.72 Back In Focus 
A stronger than expected CPI print has seen AUDUSD head back towards the 0.72
resistance level, with a close above here needed to reignite upside momentum.
This would bring the Jan 11 high & 76.4% retracement level at 0.7235/40 into
play ahead of the 200dma which currently sits at 0.7294. Bears need a move back
Friday's lows at 0.7076 to return the focus to the 38.2% retracement level at

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.