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Derived real-time data in partnership with:
Thomson Reuters
Jun 06 - 03:48 AM
AUD/USD - Major TL Resistance In View - Positive Data & Setup
First appeared on eFXplus on Jun 06 - 12:45 AM
  • +0.5%, sustaining earlier gains on strong GDP +3.1%, poll 2.8% nL3N1T81C5
  • AUD up across the board, AUD/JPY +0.65%, EUR/AUD -0.5% & AUD/NZD +0.3%
  • Momentum studies climb, 5, 10 & 20 DMAs head north - bullish setup
  • Targets 0.7676 TL from Feb/Mar/April highs, then 0.7689, 38.2% 2018 fall
  • Earlier 0.7616 base then 0.7595 NY low initial support
  • Flurry of activity on GDP - Click here

au jun 6 Click here

Source:
Thomson Reuters IFR Markets

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