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AUD/USD ahead of 0.7850 limits for now

AUD/USD peaked out at 0.7845 after short covering took it from 0.7775 Sellers ahead of 0.7850 halt for time being as RBA adopts easing bias Market looks for further RBA easing capping the $A upside Support found at 0.777…

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  • AUD/USD peaked out at 0.7845 after short covering took it from 0.7775

  • Sellers ahead of 0.7850 halt for time being as RBA adopts easing bias

  • Market looks for further RBA easing capping the $A upside

  • Support found at 0.7775 - the level it gapped higher from just before RBA 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560