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AUD/USD pares post-RBA minutes losses

Source: Thomson Reuters Post-RBA minutes losses erased, bad price action for those looking for drop 10 &21 DMAs pierced but time spent below short lived, bull hammer forms Wider yield spreads & bullish RSIs might provide…

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AUD/USD pares post-RBA minutes losses
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Source: Thomson Reuters


  • Post-RBA minutes losses erased, bad price action for those looking for drop

  • 10 &21 DMAs pierced but time spent below short lived, bull hammer forms

  • Wider yield spreads & bullish RSIs might provide more gains

  • Pair eyes 0.7750/60 resistance, some stops mixed in there, more noted up to 0.7775

  • 0.7800  & 0.7825 are key intra-day resistance areas, >0.7840/50 might ignite next bull leg 

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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