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Why MNI
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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 AccessNeedle Points North *RES 4:............>
AUSSIE TECHS: Needle Points North
*RES 4: 0.71191.618 projection of the Mar 19 - 31 rally from Apr 3 low
*RES 3: 0.7063 High Jun 10 and the bull trigger
*RES 2: 0.7005 High Jun 11
*RES 1: 0.7001 High Jul 9 and key near-term resistance
*PRICE: 0.6966 @ 10:33 BST Jul 13
*SUP 1: 0.6922 Low Jul 7
*SUP 2: 0.6833 Low Jun 30 and key support
*SUP 3: 0.6805 Low Jun 22
*SUP 4: 0.6777 Low Jun 15 and the bear trigger
AUDUSD maintains a bullish outlook and traded higher during the Asia session. A
bullish theme follows last week's move above 0.6977, Jun 16 high. The break
reinforces bullish conditions and paves the way for climb towards key resistance
at 0.7063, Jun 10 high. Clearance of this hurdle would also confirm a resumption
of the broader bull trend. Initial firm intraday support lies at 0.6922, Jul 7
low.
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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.