Free Trial

Neutral Outlook Above 0.7250 AUDUSD....>

AUSSIE TECHS
AUSSIE TECHS: Neutral Outlook Above 0.7250
AUDUSD consolidates gains above 0.7250 retaining the short-term neutral outlook.
Bulls target the 0.7310/15 area which holds the 76.4% retracement level &
long-term downtrend resistance off the Jan 26 2018 high. Failure to hold above
0.72 would bring the Sep 11 YTD low at 0.7085 back into play. Below there, the
0.7000 psychological level is reported to hold option-related support.

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.