Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 26 - 08:36 AM

AUD/USD - Looming Claims Data, U.S.$ Funding Give Bulls A Boost

By Christopher Romano  —  Mar 26 - 07:40 AM
  • US$ lower versus most ccys as investors await weekly claims nL1N2BI2LN

  • Currency basis swaps AUDCBS3M=ICAP show US$ funding pressure ease a bit

  • Pair above 10-DMA, daily RSI rises, bull hammer forms; s-t techs are bullish

  • March 25 high, 50% Fib of 0.6685-0.5510, March 17 high are resistances

  • Break of March 17 high could induce a short squeeze & rally near 0.6310/25






chart: Click here

chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!