Free Trial

Larger FX Option Pipeline

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Consolidating For Now: *RES 4:.........>

AUSSIE TECHS: Consolidating For Now:
*RES 4: 0.6895 High Sep 12 and bull trigger
*RES 3: 0.6870 High Sep 17
*RES 2: 0.6831 High Sep 19
*RES 1: 0.6806/09 High Sep 24 / High Sep 20
*PRICE: 0.6748 @ 08:32 GMT Sep 30
*SUP 1: 0.6739 Low Sep 25
*SUP 2: 0.6737 76.4% retracement of Sep 3 - Sep 12 rally
*SUP 3: 0.6688 Low Sep 3
*SUP 4: 0.6677 Early August / cycle lows
AUDUSD is vulnerable following the sell-off Wednesday, although the pressure has
moderated for now as the pair consolidates The breach recently of key supports
leaves bears eyeing the late August lows and the YTD low of 0.6677. The
immediate focus is on 0.6737, 76.4% retracement where a break would trigger
further downside. Resistance is at 0.6806/09. A break, would be seen as an
important bullish development potentially reversing the current decline.
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.