Free Trial

AUDUSD continues to benefit from the.........>

AUSSIE
AUSSIE: AUDUSD continues to benefit from the improved risk appetite, touching
$0.7386, its highest level since August. Rate stalled around resistance from the
1.618% swing of $0.7302-0.7164, a break and expect protection ahead of the
$0.7400 level. Above here opens the 200-dma & 38.2% retracement of 2018 range at
$0.7418/47. AUDJPY bulls need a close above Y84.00, before targeting a break of
the key treble-top resistance area at Y84.45/55.   

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.