Free Trial

Despite challenging the 100-dma ($0.7160)....>

AUSSIE
AUSSIE: Despite challenging the 100-dma ($0.7160) this morning, the broader
dollar theme has seen AUDUSD drift towards 0.7125/30 at the NY crossover. The
50-dma is placed at $0.7133, further support is located behind and through to
the $0.71 level. Below here would see bears regain control, targeting $0.7086/66
which represents the 50%/61.8% retracement levels of $0.7003-0.7168. AUDUSD last
$0.7129. 

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.