Derived Data That Drive Results
First appeared on eFXplus on Nov 21 - 06:15 PM
Flat after closing -0.2% on modest risk off US-China trade uncertainty
No significant data today or RBA events, so tight ranges likely
Charts - momentum studies, 5, 10 & 21 DMAs are net bearish
Dip recently stalled at 0.6769, which remains pivotal and vulnerable
NY 0.6783/0.6814 range is initial support and resistance
0.6785-95 1.1BLN and 0.6900 500M strikes cap and likely contain
aud nov 22 Click here
Source:
Refinitiv IFR Research/Market Commentary
