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AUD/USD hitting 0.7700 as EUR/AUD edges below 1.4000 and yesterday's low

Demand for yield helping carry trade CCYs while EUR is funding CCY Next resistance in AUD/USD at yesterday's 0.7727 high AUD/USD-Supported by EUR/AUD selling

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  • Demand for yield helping carry trade CCYs while EUR is funding CCY

  • Next resistance in AUD/USD at yesterday's 0.7727 high
  • AUD/USD-Supported by EUR/AUD selling

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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