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AUD/USD shorts squeezed, focuses on Australian property

Real money selling of AUD/USD near 0.79 after squeeze on shorts Lots of funds stopped out of shorts following Asia break through 0.7850 Interest rate futures imply around 40% chance of RBA rate cut next week

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  • Real money selling of AUD/USD near 0.79 after squeeze on shorts

  • Lots of funds stopped out of shorts following Asia break through 0.7850

  • Interest rate futures imply around 40% chance of RBA rate cut next week

 

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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