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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.
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Free AccessMNI BRIEF: Japan Q3 GDP To Be Slightly Revised Down
Bulls Need Close Above $0.7430 *RES....>
AUSSIE TECHS: Bulls Need Close Above $0.7430
*RES 4: $0.7527 - Low June 13 now resistance
*RES 3: $0.7481 - High June 15
*RES 2: $0.7456 - High June 18
*RES 1: $0.7430 - Hourly support June 18 now resistance
*PRICE: $0.7394 @ 0430GMT
*SUP 1: $0.7342 - 2018 Low June 21
*SUP 2: $0.7326 - Monthly Low May 9 2017
*SUP 3: $0.7265 - Low Jan 5 2017
*SUP 4: $0.7246 - High Dec 30 now support
*COMMENTARY: The sell-off from ahead of $0.7682 continues to result in fresh
2018 & 12month lows adding weight to the case for a test of $0.7326 May 2017
lows. Layers of resistance have been left in the wake with bulls needing a close
above $0.7430 to gain breathing room and above $0.7481 to shift initial focus
back to $0.7527-0.7327 where 21 ($0.7527) & 55 ($0.7569) DMAs are noted. Bears
now need a close below $0.7326 to target $0.7160 2017 lows.
To read the full story
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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.