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AUD/USD holding Fibonacci level of 38.2%

Pair capped at 0.7624 which is precisely the 38.2 of the 0.7739/0.7553 move A break above Fibonacci 38.2% retracement level 0.7625 targets the 0.7668 USD giving back some ground in Asia led lower by USD/SGD and USD/JPY P…

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  • Pair capped at 0.7624 which is precisely the 38.2 of the 0.7739/0.7553 move

  • A break above Fibonacci 38.2% retracement level 0.7625 targets the 0.7668

  • USD giving back some ground in Asia led lower by USD/SGD and USD/JPY

  • Pair unlikely to roam too far ahead of tomorrow's China GDP data 

 

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Major Pair Currency Score: AUDUSD Bearish

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