Free Trial

Trend Of Lower Highs Intact While......>

AUSSIE TECHS
AUSSIE TECHS: Trend Of Lower Highs Intact
While renewed US-China trade optimism underpinned through Asia/Europe, helping
AUDUSD back above 0.71, the pair was unable to register a higher high. Topside
focus remains on the 100-dma & Mar 21 high at 0.7148/68, a break opens a run at
the 0.72 level & 200-dma. Downside focus remains on the Mar 20 low at 0.7057,
with a break here needed to open the 50% retracement level & cloud base at
0.7018.

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.