Trial now
JGB TECHS

(U1) Tilted Higher

AUSSIE 10-YEAR TECHS

(U1) Uptrend Weakening

US TSYS SUMMARY

Bullard Kickstarts Reflation Unwind Theme

AUDUSD TECHS

Fresh 2021 Lows

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 1.2414 High Apr 17, 2018
  • RES 3: 1.2349/53 High Jan 6 / High Apr 20, 2018
  • RES 2: 1.2266/85 High May 25 and the bull trigger / High Jan 8
  • RES 1: 1.2218 High Jun 9
  • PRICE: 1.2169 @ 16:41 BST Jun 10
  • SUP 1: 1.2108/2104 50-day EMA / Low Jun 4 and key S/T support
  • SUP 2: 1.2052 Low May 13
  • SUP 3: 1.1986 Low May 5
  • SUP 4: 1.1919 61.8% retracement of the Mar 31 - May 25 rally

EURUSD failed to hold onto Wednesday's gains and the ECB did little to sway prices in either direction. The pair remains vulnerable following a sharp pullback Jun 3 that saw price trade through initial support at 1.2133, May 28 low. This highlights potential for a deeper correction and attention remains on the 50-day EMA at 1.2108. The EMA represents a key area of support ahead of 1.2104, the Jun 4 low. On the upside, primary resistance is unchanged at 1.2266, May 25 high.