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Derived real-time data in partnership with:
Thomson Reuters
May 31 - 02:36 PM
AUD/USD's Struggles Near 0.7600 Persist
First appeared on eFXplus on May 31 - 12:45 PM
  • May 30 bull engulfing candle sees pair extend rally today
  • 23.6 Fib of 0.8136-0.7413 pierced but gains erased
  • Equities, commodities and AUD/JPY slip from their highs
  • AUD/USD sinks near the 10-DSMA, RSI diverges & doji candle forms
  • Bulls leery of pushing through 0.7605/20 resistance ahead of US jobs
  • Downside surprise to jobs & AHE should see res break, 0.7680/90 then eyed

chart: Click here

Source:
Thomson Reuters IFR Markets

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