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Derived real-time data in partnership with:
Thomson Reuters
May 17 - 02:36 PM
AUD/USD - Threatens Short-Term Support
First appeared on eFXplus on May 17 - 10:00 AM
  • 21-Day SMA caps post Aussie jobs gains, gains erased as US$ bid persists
  • AUD/USD down on day, pair eyes short-term support near 0.7497 & 10-DSMA
  • Broad base commodity bid likely helps pair from break lower for now
  • Daily techs lean bearish, inverted hammer forms and RSI biased down
  • If support cleared door opens to yesterday's low

chart: Click here

Source:
Thomson Reuters IFR Markets

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