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Thomson Reuters
Apr 04 - 08:36 PM
AUD/USD - 10- & 55-DMAs Confine Action Ahead Of US Jobs
First appeared on eFXplus on Apr 04 - 01:50 PM
  • US claims lowest since 1969, US yields & US$ lift,AUD/USD sinks nL1N21M0EB
  • Pair falls further from the 55-DMA, dips nears the 10-DMA but slide stalls
  • US$ bid fades while equities trade firm, AUD/USD nears 0.7120 late in day
  • Techs lean bullish, RSIs rise, possible l-t head & shoulders bottom forming
  • US jobs report might buoy risk assets & resume AUD/USD rally nL1N21M0XJ

chart: Click here

Source:
Thomson Reuters IFR Markets

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