Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jul 09 - 08:36 PM
AUD/USD - Opens Asia Off Highs As Resistance Holds
First appeared on eFXplus on Jul 09 - 06:15 PM
  • AUD/USD gain on back of China assets recovery capped ahead of key resistance
  • Pair capped @ 0.7484 with 50% of 0.7677/0.7311 @ 0.7494 & 55-day MA @ 0.7500
  • Support now at former resistance at 0.7440/50 and 21-day MA at 0.7419
  • China related risk assets to remain in focus after solid gains on Monday
  • China CPI & PPI out today with market looking for slight increases
  • AUD/USD should be a sell on rallies while China/US trade tensions persist

aud/usd Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About Us
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!