Free Trial

The recovery off overnight lows stalled at...>

AUSSIE
AUSSIE: The recovery off overnight lows stalled at $0.7892 (61.8% of daily range
$0.7915-0.7855), before easing to to the $0.7875/80 area. If the pair can
reclaim $0.7900, look to challenge resistance at $0.7917/27 (Hourly high, 38.2%
$0.8043-0.7855). Bids remain at $0.7850, a break opens $0.7840 (Jul17 high now
support). Aussie last $0.7881. 

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.