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Derived real-time data in partnership with:
Thomson Reuters
May 14 - 02:36 AM
AUD/USD - Shade Firmer, But Trends Lower For A 0.6936 Break
First appeared on eFXplus on May 14 - 12:25 AM
  • Trades +0.15% in a 0.6940/0.6959 range with decent volumes all day in Asia
  • Optimistic US/China rhetoric supported, though actions disagree
  • April NAB business conditions eased and employment softened nL4N22Q0EG
  • Negative momentum studies, 5, 10 & 21 daily, weekly, monthly MAs trend lower
  • Bearish setup targets a break of 0.6936, 61.8% of the 2019 move higher
  • 0.6936 Fibo and yesterday's 0.6986 London high initial support/resistance

aud3 may 14 Click here

Source:
Thomson Reuters IFR Markets

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