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AUD/CNH sees slight rebound post RBA

Cross sees +0.65% in Asia Momentum studies conflict, 5, 10 & 20 dma's move higher Setup implies range trading since mid February can move forward 4.9587, 50% of 2015 fall pivotal resistance - held twice last week Initial…

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AUD/CNH sees slight rebound post RBA
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  • Cross sees +0.65% in Asia

  • Momentum studies conflict, 5, 10 & 20 dma's move higher

  • Setup implies range trading since mid February can move forward

  • 4.9587, 50% of 2015 fall pivotal resistance - held twice last week

  • Initial support/resistance in Asia is 4.8732/4.9234 range

 

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