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AUD/USD stops eyed at 0.7830+

AUD looks at mooted stops at 0.7830-40 after moving north from 0.7778 0.78299 is 38.2% fibo of 0.7914 (Thursday high) to 0.7778 (Asia low) 0.7836 was Thursday's Asian session low Economists spilt near 50-50 as to what RB…

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  • AUD looks at mooted stops at 0.7830-40 after moving north from 0.7778

  • 0.78299 is 38.2% fibo of 0.7914 (Thursday high) to 0.7778 (Asia low)

  • 0.7836 was Thursday's Asian session low

  • Economists spilt near 50-50 as to what RBA will do

  • AUD should gain rally boost if RBA keeps cash rate at 2.25% 

 

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Major Pair Currency Score: AUDUSD Bearish

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