Trial now
USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

AUSSIE TECHS
AUSSIE TECHS: Flirting With 21-DMA
*RES 4: $0.7749 - 55-WMA
*RES 3: $0.7722 - 100-DMA
*RES 2: $0.7682 - High Apr 23
*RES 1: $0.7627 - High June 8
*PRICE: $0.7590 @ 2130GMT
*SUP 1: $0.7565 - 21-DMA 
*SUP 2: $0.7552 - Low June 4 
*SUP 3: $0.7513 - Low June 1 
*SUP 4: $0.7474 - Low May 30
*COMMENTARY: The sell-off last following the topside failure around the 200-WMA
($0.7676) sees the pair flirting with the 21-DMA with bears needing a close
below $0.7552 to shift focus to $0.7410-74 where 2018 lows are noted. Initial
resistance is noted at $0.7627. Bulls now need a close above to gain breathing
room and above $0.7682 to pressure $0.7722-50 where 100 & 200-DMAs and 21 &
55-WMAs are noted. Above the 200-DMA shifts focus to $0.7916 Mar highs.