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Derived real-time data in partnership with:
Thomson Reuters
Jul 02 - 02:36 AM
AUD/USD - Led USD Higher, Plenty Of Red Ink In Asian Markets
First appeared on eFXplus on Jul 02 - 12:50 AM
  • -0.45%, leading USD higher in Asia, risk off - Nikkei -1.2%, AsiaxJP -0.4%
  • RBA tomorrow, but are unlikely to surprise - on extended hold nL1N1TY020
  • Neutral momentum studies, 5, 10 & 20 daily & weekly MAs trend south
  • Bearish setup targets a break of 0.7327, 61.8% 2016/2018 rise
  • Close above 0.7454, 38.2% of the June fall would end the downside bias
  • 0.7370 London low & earlier Asian 0.7415 high initial support/resistance

aud jul 2 Click here

Source:
Thomson Reuters IFR Markets

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