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AUD/USD holds above 0.7850/60 support

AUD/USD threatens 200-HMA & hourly resistance near 0.7915 Numerous inputs aid pair's bounce away from key 0.7850/60 support Choppy AUD/USD action likely persists until US data later in week Apr retail sales Wed, if weak …

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  • AUD/USD threatens 200-HMA & hourly resistance near 0.7915

  • Numerous inputs aid pair's bounce away from key 0.7850/60 support

  • Choppy AUD/USD action likely persists until US data later in week

  • Apr retail sales Wed, if weak broader bull trend off 2015 low likely resumes, Mid to late-Jan highs then eyed 

  • EUR/AUD slip, AUD/NZD up on kiwi dive, spreads widen, iron-ore at new high

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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