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Trend Outlook Is Bullish

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In the red in early trade

USD
  • USD starts in the red, as Europe comes in.
  • AUD is the best performer, but the AUDUSD cross remains within the last four session's range.
  • Nonetheless, the trend remains for the Dollar, after the DXY broke above the 2017 peak yesterday, to print the highest level since December 2002.
  • DXY is off that Monday's print at 103.928.
  • Initial resistance for AUDUSD is still eyed at 0.7180
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  • USD starts in the red, as Europe comes in.
  • AUD is the best performer, but the AUDUSD cross remains within the last four session's range.
  • Nonetheless, the trend remains for the Dollar, after the DXY broke above the 2017 peak yesterday, to print the highest level since December 2002.
  • DXY is off that Monday's print at 103.928.
  • Initial resistance for AUDUSD is still eyed at 0.7180