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Derived real-time data in partnership with:
Thomson Reuters
Jul 26 - 09:48 PM
AUD/USD - Led USD Higher, 0.7310/27 Support Back In Play
First appeared on eFXplus on Jul 26 - 07:50 PM
  • Unchanged early, after closing -1.1%, leading offshore USD strength
  • E-Minis open flat, seemingly unimpressed by Amazon results nL1N1UM1SI
  • Dip leaves momentum studies, 5, 10 & 21 DMAs conflicting - neutral setup
  • Primary trend is lower - similar consolidation phase seen in April & May
  • 0.7327, 61.8% 2016/18 rise tested repeatedly - 0.7310/27 major support
  • This week's 0.7359 low & 0.7430 NY high initial support/resistance

aud jul 27 Click here

Source:
Thomson Reuters IFR Markets

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