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Thomson Reuters
Jan 06 - 05:00 PM
AUD/USD - Bid Early On Potential US Gov't Shutdown Compromise
First appeared on eFXplus on Jan 06 - 02:40 PM
  • +0.2% in early trading in what should be a good day for Asian stocks/risk
  • Wall Street bounce and potential US gov't shutdown compromise nL1N1Z603G
  • NZD trades flat - Friday's strong close validated Thursday's hammer reversal
  • Bullish signal suggests Thur's 0.6715 low is a long term base nL1N1Z401X
  • Momentum studies, 5 & 10 DMAs rise, opened above 0.7102 21DMA - bias higher
  • 0.7026 NY low & 0.7134, 61.8% Dec/Jan fall are initial support/resistance

aud jan 7 Click here

Source:
Thomson Reuters IFR Markets

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