Free Trial

Sluggish Commodities Cloud Outlook.....>

AUSSIE TECHS
AUSSIE TECHS: Sluggish Commodities Cloud Outlook
AUDUSD's failure to reclaim 0.7300 Monday keeps focus on the downside with added
weight via AUDJPY following the break lower to touch the lowest since late 2016.
AUDUSD channel support comes in at the 0.7231 level ahead of Dec 2016 lows of
0.7160. To stabilise the outlook, gains above 0.7380 would be needed at this
stage.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.