Trial now
MNI

Coming up in the Asia-Pac session on Tuesday:

ASIA

Coming up in the Asia-Pac session on Tuesday:

USDCAD TECHS

Heading North

G7

Health Ministers Release Joint Statement

AUDUSD TECHS

Heavy!

Sign up now for free access to this content.

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

  • RES 4: 155.14 High Aug 31
  • RES 3: 154.64 High Sep 22 / 23 and a key resistance
  • RES 2: 153.59 High Sep 24
  • RES 1: 151.78/153.12 50-day EMA / High Nov 10 and the bull trigger
  • PRICE: 150.38 @ Close Nov 25
  • SUP 1: 149.59 Low Nov 24
  • SUP 2: 149.41 61.8% retracement of the Nov 1 - 10 rally
  • SUP 3: 148.54 76.4% retracement of the Nov 1 - 10 rally
  • SUP 4: 147.12 Low Nov 1 and the bear trigger

BTP futures traded lower Wednesday. This week's move down has resulted in a break of support at 150.72, Nov 12 low. The breach undermines the recent bull theme and a deeper sell-off would open 149.41 next, a Fibonacci retracement level. On the upside, key short-term resistance has been defined at 153.12, Nov 10 high where a break is required to reinstate the recent bullish theme. Initial resistance to watch is at 151.90.