Free Trial

Remains Capped Ahead Of...........>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Remains Capped Ahead Of A$1.5109 
*RES 4: A$1.5226 - 2017 High June 1
*RES 3: A$1.5175 - High Aug 29
*RES 2: A$1.5109 - High Sept 22
*RES 1: A$1.5090 - Hourly resistance Sept 29
*PRICE: A$1.4992 @ 2000GMT
*SUP 1: A$1.4948 - 21-DMA 
*SUP 2: A$1.4894 - 100-DMA 
*SUP 3: A$1.4886 - 55-DMA 
*SUP 4: A$1.4790 - Low Sept 21
*COMMENTARY: The pair continues to trade sideways in a broad A$1.4732-1.5172
range with topside follow through still lacking. Bulls continue to look for a
close above A$1.5109 to confirm focus on A$1.5172-1.5226 where 2017 highs are
situated. Bears continue to look for a close below the 55-DMA to return pressure
to key supports and below the A$1.4790 support to target A$1.4537-65 where the
200-DMA (A$1.4537) is located.

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.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });