Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jun 06 - 12:12 AM
AUD/USD - Stalls Around Monday's High As Longs Pare Back
First appeared on eFXplus on Jun 05 - 10:30 PM
  • AUD/USD traded to 0.7665 - one pip shy of Monday's 0.7666 high after Aus GDP
  • Market was likely long into the GDP, as risk for was better than expected
  • Stronger GDP unlikely to sway RBA, as they were already upbeat on growth
  • Support now at 0.7635 where it was trading just before the release
  • AUD/USD a better buy on dips, as risk appetite resilient and commodities bid
  • The 38.2 of 0.8136/0.7413 @ 0.7689 & break signals S/T bottom in place

aud/usd Click here

Thomson Reuters IFR Markets


  • eFXplus
  • End-user license agreement (EULA)


  • About Us
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer