Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 23 - 09:48 PM
AUD/USD - Strong Base Above 0.6860 - 0.6900 Strikes A Magnet
First appeared on eFXplus on May 23 - 07:55 PM
  • Flat after closing +0.25% on softer UST yields and broad USD weakness
  • Yesterday's bullish outside day would be validate by a close above 0.6900
  • Rise leaves positive momentum studies, 5DMA poised for a bullish 10DMA cross
  • A major triple bottom just above 0.6860 now pivotal support
  • Close above 0.6904 falling 10 DMA would end downside bias
  • 0.6850 455M, 0.6900 460M and 0.6940 500M are the close strikes

aud may 24 Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!