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Derived real-time data in partnership with:
Thomson Reuters
May 13 - 02:36 AM
AUD/USD - U.S./China Trade Turmoil, Broad Risk Off Weighs
First appeared on eFXplus on May 12 - 11:55 PM
  • Off 0.3% with risk, as US/China trade talks slow to a halt
  • AUD/JPY trades -0.5% - a resilient performance considering the news
  • Market awaits China's response to the tariffs - E-Mini S&P 1% lower
  • Momentum studies flat line, 5, 10 & 21 daily, weekly, monthly MAs head lower
  • Bearish setup targets technical support at 0.6936, 61.8% of the 2019 rise
  • Last week's 0.6960 low and earlier 0.7000 high initial support/resistance

gbp2 may 13 Click here

Source:
Thomson Reuters IFR Markets

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