Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Jun 18 - 07:24 AM
AUD/USD - Close To 23-Week Low After RBA's Dovish Message
First appeared on eFXplus on Jun 18 - 06:10 AM
  • AUD/USD hit 0.6832 early Europe as continent digested dovish RBA minutes
  • See: nRUAIHEF5U. 0.6832 = fractionally new 23-week low. 0.6833 = Asia low
  • Bear targets include 0.6800 and 0.6715 (Jan 3, 10-year low re: flash crash)
  • 0.6850-60 is now a resistance window (stops sub-0.6860 were tripped Monday)
  • RBA's Lowe to speak about 'Labour Market and Spare Capacity' Thursday
  • Fed statement Wednesday will impact AUD/USD before Lowe speaks

AUDUSD: 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
!