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AUD/USD flat in quiet trading

Pair drifting back to the opening level at 0.7735 to contradict early strength AUD outperformed yesterday, but topside likely limited amid broad USD strength Resistance is seen around at 50% of 0.7849/0.7679 at 0.7764 an…

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  • Pair drifting back to the opening level at 0.7735 to contradict early strength

  • AUD outperformed yesterday, but topside likely limited amid broad USD strength

  • Resistance is seen around at 50% of 0.7849/0.7679 at 0.7764 and 100-day MA at 0.7775

  • Hourly support formed around 0.7720 with break targeting 0.7680/0.7700 

 

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Major Pair Currency Score: AUDUSD Bearish

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