Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 09 - 01:55 AM

AUD/USD - Settles Above 0.7000 After Whippy Start

By John Noonan  —  Jun 09 - 12:05 AM
  • AUD/USD opened 0.71% higher at 0.7020 after Wall Street gained and USD eased nL8N2DL3N6

  • USD weakened early and AUD/USD hit a 11-month high @0.7043 on stop loss buys

  • There wasn't any follow-through on break of Dec 31 high at 0.7032

  • AUD/USD fell to 0.6989 when S&P futures eased and AUD/JPY sales weighed

  • Heading into the afternoon the AUD/USD is settling around 0.7000

  • Support @ Monday 0.6962 low - close below would complete bearish outside day

  • Resistance @ July 19, 2019 high at 0.7082 and 61.8 of 0.8136/0.5510 @ 0.7132

  • Key later today will be reaction of USD and equities to FOMC










aud/usd Click here

aud/usd 2 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
!