Free Trial

50-DMA Key Support The 50-dma at.......>

AUSSIE TECHS
AUSSIE TECHS: 50-DMA Key Support
The 50-dma at 0.7185 encountered pressure through Asia, but held firm to shift
focus back on the 100-dma at 0.7235. Bulls need a close above here, opening a
run at the 0.7400 handle for the next leg higher. On the downside, the 50-dma is
the last line of defense, ahead of a return to the ytd lows at 0.7021.

To read the full story

Close

Why MNI

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.