Free Trial

AUDUSD is in freefall this morning.....>

AUSSIE TECHS
AUSSIE TECHS: AUDUSD is in freefall this morning following the break of
trendline support Friday and the confirmed follow through today. The breach
confirms a resumption of January's bearish theme. 0.6800, the Dec 10 low has
been cleared and this paves the way for a move towards 0.6754 next, Nov 29 low.
If cleared the objective will be 0.6724, Oct 16 low. 0.6800 is first resistance.

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.