Welcome Guest:
Sign Up
A Data Partner of:
Refinitiv
Sep 04 - 11:00 PM
AUD/USD - Shorts Shaken Out, Bulls Get Signal To Charge
First appeared on eFXplus on Sep 04 - 09:20 PM
  • AUD/USD pulls higher after entering bullish path on Wed
  • Second straight rally triggers Bollinger uptrend channel
  • Base of channel at 0.6787 will entice dip-buyers
  • Rally spurred by Q2 GDP, Hong Kong extradition bill withdrawal
  • Further bullish potential with likely weak US NFP due on Fri
  • Poor US data would reinforce view that Fed cuts rates deeper

AUD: 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
!