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AUD/USD getting support from ongoing AUD/NZD demand

Pair Stops at 0.7960 triggered as cross demand supports, next resistance at 0.8000 Traders report some AUD/JPY buying flows as well in quiet trading AUD shorts frustrated by no reaction to RBA cut or softer Australia Ret…

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  • Pair Stops at 0.7960 triggered as cross demand supports, next resistance at 0.8000

  • Traders report some AUD/JPY buying flows as well in quiet trading

  • AUD shorts frustrated by no reaction to RBA cut or softer Australia Retail Sales 

 

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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