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Jul 19 - 02:55 AM

AUD/USD - Eyes Higher Plane As C.bank Comments Drive Rally

By Ewen Chew  —  Jul 19 - 01:50 AM
  • AUD/USD extends higher as market digests RBA comments

  • Attempting to push past 21 DMA resistance 0.6846

  • Tues close above will clear the way higher in near term

  • Technical pivot at 0.6903 will inspire bulls to add to bets

  • Closing above engages daily Bollinger uptrend channel

  • RBA sees a fair bit more tightening till neutral nS9N2WQ05H

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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