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Coming up in the Asia-Pac session on Tuesday:


Corrective Bounce


Bearish Threat Following Friday’s Sell-Off


Finds Support Below The 50-Day EMA

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  • Aussie continues to recover this morning, best performer in G10 versus the USD, up 0.46%
  • Market participants have faded some of the downside, ahead of the August low at 0.7106, printed a 0.7115 low today.
  • The August low, was also the lowest print since November 2020.
  • In terms of Tech, resistance is seen further out towards 0.7198, followed by MNI tech 0.7228 High Nov 24