Free Trial

Bears In Control Bulls cant catch a....>

AUSSIE TECHS
AUSSIE TECHS: Bears In Control
Bulls cant catch a break as AUDUSD drops back towards recent range lows. The
focus now returns to the YTD low at 0.7203, which needs to hold to prevent a
potential downside acceleration. A close above 0.7374 is needed to change the
picture significantly allowing the pair to rally in line with global trends to
target the August highs of 0.7453 and 100-dma at 0.7461.

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.