Technicals

Add as a preferred source on Google

AUD/USD closes in on 0.7900

Pair could retest Wed's 0.7903 high as prices boost from 0.7836 Day charts are overbought Failure to sustain gains above broken 0.7882 fibo, also kijun-sen, favors shorts Gap between the market and the 10/21 DMAs is a co…

1 min read
AUD/USD closes in on 0.7900
Image from the original EconoTimes article

Read the original article

  • Pair could retest Wed's 0.7903 high as prices boost from 0.7836

  • Day charts are overbought

  • Failure to sustain gains above broken 0.7882 fibo, also kijun-sen, favors shorts

  • Gap between the market and the 10/21 DMAs is a concern

  • Short stop is at 0.7940

 

Related articles

View all
Technicals

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