Free Trial

AUDUSD has stuck to a tight range in.........>

AUSSIE
AUSSIE: AUDUSD has stuck to a tight range in Asia-Pacific dealing, last trading
virtually unchanged at 0.7460.
- The cross hit fresh 2018 & 5-month lows on Wednesday (0.7410), although the
lack of follow through is a concern for bears when combined with correcting
oversold studies & daily momentum divergence. Bears currently focus on the June
2017 low (0.7368) while May 08 hourly support (0.7490) caps.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.